Property listed by Lyon Stahl Investment Real Estate, Inc., David Saghian 310-425-9838
$1,795,000
Great Owner-User Opportunity in the heart of Beverlywood, adjacent to Beverly Hills. 1232-1234 Smithwood Drive is a well-located duplex featuring two spacious 2-bedroom, 1-bath units, each with an additional bonus room/den that can function as a third bedroom, plus in-unit washer/dryer. The upstairs unit will be delivered vacant at close,… Read More providing an excellent opportunity for an owner-user or investor to lease at market rent. The downstairs unit is currently leased at $3,538/month. The property is subject to AB 1482 and benefits from a luxury rent exemption allowing annual rent increases of 5% + CPI. Situated on a 6,603 SF lot with potential to add ADU(s) for additional income. Conveniently located near Robertson Blvd, Pico Blvd, Century City, Culver City, and Beverly Hills. Buyer to independently verify all information. Contact listing agent for additional photos of vacant unit. Read Less
Listing Snapshot
Days Online
93
Last Updated
Beds
4
3/4 Baths
2
Square Ft.
3,598
Lot Size
0.15 Acres
Year Built
1933
MLS Number
26871075
Additional Details
Appliances & Equipment
Dishwasher
Building
Built in 1933, Living area: 3598.0, 1 building, 2 stories, Levels: MultiSplit
Cooling
None
Floors
Wood
Garage
4 spaces
Heating
ForcedAir
Income
Gross Income: $93,562, Net Operating Income: $53,431
Lot
0.1516 acres
Parking
4 total parking spaces
Pool
None
Taxes
Parcel Number: 4330026019, Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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