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$ 1,799,000
Est. payment | /mo
4 Beds
2,744 SqFt
$ 1,799,000
Est. payment | /mo
4 Beds
2,744 SqFt
Open House
Sun May 03, 2:00pm - 5:00pm
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,744 sqft
Price per Sqft $655
MLS Listing ID CL26645485
Bedrooms 4
HOA Y/N No
Year Built 1923
Lot Size 8,389 Sqft
Acres 0.19
Property Sub-Type OTHER
Property Description
Stunning fully remodeled triplex located in the highly desirable Hancock Park neighborhood, set on an expansive 8,389 square foot corner lot. Zoning is R2 per assessor.The front two bedroom one bath unit and the rear one bedroom unit have been completely remodeled throughout, including brand new appliances, recessed lighting, upgraded electrical systems, new water heaters, new water and sewer lines, new split air conditioning systems, and newly designed landscaping with an automatic sprinkler system.The two vacant remodeled units offer exceptional flexibility for both owner users and investors. They were delivered vacant through cash for keys agreements and therefore have no rental restrictions. The future owner may rent these units at market rate. Once new leases are established, rent control will apply and future annual increases will be limited in accordance with local rent control regulations.The middle unit is currently occupied by a long term tenant paying $1,318.40 per month, providing immediate income. Showing of the occupied unit will be subject to an accepted offer.All units are charming standalone cottages, each with its own private outdoor space. The front vacant two bedroom unit features a beautifully landscaped front yard, a generous balcony overlooking the yard, and a spacious side yard with direct access to the garage. The middle occupied unit enjoys a large backyard with mature citrus trees and inviting landscaping. The rear remodeled vacant unit offers abundant natural light and a large private backyard with a deck, creating an ideal indoor-outdoor living experience. Additional highlights include a free-standing three-car garage, highly desirable off-street parking, individual laundry rooms, and separate gas and electric meters for each unit. With strong rental demand in the area, this property presents a rare opportunity for owner-occupancy, immediate income, and long-term value appreciation or future development potential. Soil and survey reports from 2022 are available upon request. Buyer to conduct their own due diligence regarding permits, zoning, and public records. Photos shown are of the remodeled vacant units only.
Location
State CA
County Los Angeles
Zoning LAR2
Interior
Heating Fireplace(s)
Fireplace No
Laundry Dryer, Washer, Inside
Exterior
Total Parking Spaces 6
Building
New Construction No
Others
Tax ID 5083006017
Virtual Tour https://www.zillow.com/view-imx/c393055f-d64e-4fea-8446-17fe528b396c?initialViewType=pano&hidePhotos=true&setAttribution=mls&wl=true&utm_source=email&utm_medium=email&utm_campaign=emo-floorplancompleted
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Listed by Faye Bogari • Bogari Agency
NEARBY SCHOOLS & PROPERTIES
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