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Nicole Hazelton-Meacham

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

$1,595,000

Est. payment - /mo

8 Beds

4 Baths

10,500 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD26150142

Bedrooms 8

Lot Size 10,500 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Great opportunity to purchase an investment property at a price significantly below replacement cost. Comprised of 5units.Offers approximately 8,000 sqft of building area on a 10,500 sqft lot. Tremendous upside in rental income and long-term appreciation in a prime location. The property features four front units all 2 bedroom 1 bathroom. Owners unit consists of two stories, totaling 3 bedrooms 2 bathrooms in total, two living rooms and ample parking. Each unit includes the convenience of in-unit laundry. Several units have been upgraded with split-system HVAC, and the remaining units are equipped with wall A/C units. Currently, 3 of the 5 units are tenant occupied. Owners unit in the back and one front unit will be vacant at close of escrow. This property is an outstanding value-add opportunity for investors looking to maximize returns. The spacious units, strong rental demand, and significant rental upside make this an ideal long-term investment. The property also offers **potential to add an ADU (Accessory Dwelling Unit)**, subject to buyer verification with the City and all applicable governmental agencies, creating an additional opportunity to increase future income.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Hollywood Blvd

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5544012040

Acceptable Financing Cash

Listing Terms Cash

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Listed by Pakrad Markarian, DRE#00952259 Remax Optima

Nearby School & Business

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Nicole Hazelton-Meacham

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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1716 Winona Boulevard Los Angeles, CA 90027

Nicole Hazelton-Meacham

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information