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Nicole Hazelton

[email protected] +1(619) 206-1892

$2,598,000

Est. payment - /mo

3 Beds

2 Baths

7,007 Sqft Lot

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Sun Apr 13, 1:00pm - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-21667

Bedrooms 3

HOA Y/N No

Lot Size 7,007 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

SAVVY TURNKEY VACANT INVESTMENT OPPORTUNITY OFFERS IMMEDIATE INCOME POTENTIAL IN THE HEART OF HIGHLAND PARK. This 9-bed, 7-bath Victorian property includes 4 SEPARATE RESIDENCES. A true labor of love, its restoration and expansion spanned over four years. Guided by the Historical Preservation Society, the property earned the esteemed MILLS ACT DESIGNATION offering impressive potential TAX BENEFITS. Comprehensive renovations include updated electrical, plumbing, HVAC, seismic retrofitting, and more. The property blends historic charm with modern sustainability, providing an energy-efficient living environment. A thoughtful expansion added two newly constructed quality residences. Whether you're an investor seeking lucrative rental income, planning for multi-generational living, have a growing family, or looking for a vibrant neighborhood near LA, this property offers broad appeal. Highland Park's urban energy and suburban charm blend the past and present seamlessly. Farmers markets, community events, and thriving arts scene define the local culture. The area buzzes with sought-after restaurants, shops, and everyday conveniences along Figueroa Blvd, the cities 'main street'. With easy access to Metro Gold-Line and major freeways, commuting is seamless. Nearby cities include Pasadena, South Pasadena, Glassell Park, Eagle Rock, Mt. Washington, and Cypress Park. With flexible living spaces, a highly desirable location, and income-producing potential, this is a cash-flow magnet.
SAVVY TURNKEY VACANT INVESTMENT OPPORTUNITY OFFERS IMMEDIATE INCOME POTENTIAL IN THE HEART OF HIGHLAND PARK. This 9-bed, 7-bath Victorian property includes 4 SEPARATE RESIDENCES. A true labor of love, its restoration and expansion spanned over four years. Guided by the Historical Preservation Society, the property earned the esteemed MILLS ACT DESIGNATION offering impressive potential TAX BENEFITS. Comprehensive renovations include updated electrical, plumbing, HVAC, seismic retrofitting, and more. The property blends historic charm with modern sustainability, providing an energy-efficient living environment. A thoughtful expansion added two newly constructed quality residences. Whether you're an investor seeking lucrative rental income, planning for multi-generational living, have a growing family, or looking for a vibrant neighborhood near LA, this property offers broad appeal. Highland Park's urban energy and suburban charm blend the past and present seamlessly. Farmers markets, community events, and thriving arts scene define the local culture. The area buzzes with sought-after restaurants, shops, and everyday conveniences along Figueroa Blvd, the cities 'main street'. With easy access to Metro Gold-Line and major freeways, commuting is seamless. Nearby cities include Pasadena, South Pasadena, Glassell Park, Eagle Rock, Mt. Washington, and Cypress Park. With flexible living spaces, a highly desirable location, and income-producing potential, this is a cash-flow magnet.

Location

State CA

County Los Angeles

Area Los Angeles (90042)

Zoning Public Rec

Exterior

Exterior Feature Brick, Stone, Wood

Building

Lot Description Curbs, Sidewalks

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash

Space Rent $4,300

Listing Terms Cash

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Listed by Marcille Dilsaver-Hughes • Berkshire Hathaway Home Servic

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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5333 Monte Vista Street Highland Park, CA 90042

Nicole Hazelton

OPEN HOUSE

Key Details

Location

Exterior

Building

Others

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