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$2,988,000
Est. payment /mo
9 Beds
6 Baths
5,187 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,187 sqft
Price per Sqft $576
MLS Listing ID 26989237
Bedrooms 9
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1938
Lot Size 7,326 Sqft
Property Description
Presenting a rare chance to acquire a turn-key, income producing asset in one of Los Angeles' most coveted and rapidly appreciating neighborhoods. This contemporary style property offers six total units. A four front unit building plus two newly constructed ADUs in the rear. 5 of the 6 units can be delivered vacant upon close of escrow! All units were rebuilt with all new finishes, giving a new owner the ability to command top of market rents from day one with zero deferred maintenance. Each unit features in unit washer/dryer, brand new AC units, kitchen appliances and other amenities that command high rental rates. Additionally, all electrical, plumbing and HVAC systems are brand new. The two rear ADUs are newly constructed, both with in-unit washer/dryer, brand new AC units, kitchen appliances and other amenities. Because of the ADU configuration, this 6 unit property qualifies for residential financing, allowing a buyer to leverage a substantially lower down payment compared to traditional commercial multifamily loans.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplace No
Appliance Refrigerator, Dryer, Washer
Exterior
Parking Features Driveway
Total Parking Spaces 6
Building
Faces West
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5086016021
Special Listing Condition Standard
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Listed by Shaya Lowenstein Lyon Stahl Investment Real Estate, Inc. #01942326
NEARBY SCHOOL & BUSINESS
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