Description
Step into a slice of classic Hollywood glamour with this stunning courtyard building, a great tenant's magnet -- just doors to Hancock Park and moments away to the vibrant hotspots of Larchmont, Melrose, and La Brea! This meticulously maintained 7-unit gem includes 5 generously sized one-bedroom apartments and 2 chic studio suites. Tenants experience open-concept living spaces, custom kitchens and baths, and elegant crown molding in five of the units and recent updates to the plumbing and electrical. Generating $163,404 a year, this property is not just an great investment - it's a golden opportunity for your portfolio with strong upside in rents or for the end user seeking a private owner's retreat with access to a serene garden oasis. The property also features a detached garage with space for up to six cars, offering the potential for a future ADU (buyer to verify), further boosting its value. Delivered fully occupied, this classic beauty is ready for its next steward.
Property Details
Features
Appliances
Central Air Conditioning, Dishwasher, Dryer, Microwave Oven, Range/Oven, Refrigerator, Washer & Dryer.
General Features
Fireplace.
Interior features
Crown Molding, Recessed Lighting.
Exterior features
Patio.
Flooring
Carpet, Wood.
Parking
Assigned, Garage.
Additional Resources
Homes for Sale | Rodeo Realty
This listing on LuxuryRealEstate.com
Based on information from the Association of REALTORS®/Multiple Listing as of [8/21/23]. 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.