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$ 1,025,000
Est. payment | /mo
10 Beds
6 Baths
3,706 SqFt
$ 1,025,000
Est. payment | /mo
10 Beds
6 Baths
3,706 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,706 sqft
Price per Sqft $276
MLS Listing ID CL26872811
Bedrooms 10
Full Baths 6
HOA Y/N No
Year Built 2018
Lot Size 5,401 Sqft
Acres 0.124
Property Sub-Type Single Family Residence
Property Description
INVESTOR / INCOME PROPERTY / MULTIFAMILY OPPORTUNITY! Spacious Los Angeles duplex featuring 2 large units, each with 5 bedrooms and 3 bathrooms, for a total of 10 bedrooms and 6 bathrooms. Property is currently occupied by a long-term paying tenant who occupies both units, providing established rental income and immediate cash flow for the next owner. Ideal for investors seeking a duplex, multifamily property, income property, rental property, cash-flow property, buy-and-hold investment or long-term real estate investment in Los Angeles. The unusually large 5-bedroom layouts provide substantial space and future rental flexibility, making this a unique high-bedroom-count multifamily asset. Built in 2018 and not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), an important consideration for investors seeking newer multifamily housing with greater future rental flexibility. Buyer and buyer's agent to verify applicable state and local rental regulations, including any applicable rent-increase requirements. Acquire an occupied investment property with established tenancy and existing income while maintaining future opportunities to improve, reposition or optimize the property over time, subject to the existing tenancy, lease terms and applicable laws. Property may be purchased individually or together with other assets in the seller's 4-property Los Angeles investment portfolio, providing an opportunity for investors seeking to acquire multiple multifamily income properties in one transaction. Portfolio APNs: 6063-022-016, 6071-013-008, 6031-019-025 and 5015-015-006.Buyer and buyer's agent to verify property information, rents, lease terms, permits and condition. Contact Don Adams at 323-492-6756 for property details, showing information, portfolio opportunities and offer instructions. GET SMART WITH REAL ESTATE!
Location
State CA
County Los Angeles
Zoning LAR2
Interior
Heating Central
Cooling None
Flooring Carpet
Fireplaces Type None
Fireplace No
Window Features Double Pane Windows
Exterior
Pool None
View Y/N false
View None
Total Parking Spaces 3
Private Pool false
Building
Story 2
Architectural Style Contemporary
Level or Stories Two Story
New Construction No
Others
Tax ID 6063022016

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Listed by Donny Adams • Keller Williams Hollywood Hills
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