Nestled within the sought-after 90019 zip code, this stunning, pride of ownership 8-unit building presents a rare opportunity to own a piece of timeless elegance in a vibrant and culturally rich neighborhood. Boasting a harmonious blend of classic architecture and modern conveniences, this property is perfectly poised to captivate discerning… Read More investors. This thoughtfully designed building features an ideal mix of floor plans, with 4 spacious two-bedroom units and 4 inviting one-bedroom units. Each unit has been meticulously maintained or remodeled to maximize comfort and functionality, offering residents a comfortable retreat that is both welcoming and stylish. For investors seeking an asset with both immediate and long-term potential, this building presents a compelling opportunity. The unit mix caters to a wide range of renters, ensuring a steady stream of income. The sought-after location and impeccable design further contribute to the property's appreciation potential. With a substantial 13,166 square foot lot and many newer developments in this area, this is also a terrific opportunity to build to suit. Below market rents with long term tenants with substantial rent upside. Read Less
Property listed by Coldwell Banker Realty, Christophe Choo 310-777-6200
Listing Snapshot
Days Online
443
Last Updated
Property Type
Other
Beds
12
Square Ft.
9,268
Lot Size
0.3 Acres
Year Built
1922
MLS Number
23305307
30 Days Snapshot Of 90019
$1,484k
+7%
(avg) sold price
6
-62%
homes sold
83
+20%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
GasOven, Oven, Refrigerator, Dryer
Building
Built in 1922, Building area total: 9,268, Levels: One, MultiSplit, Living area: 9268, 1 story, 2 buildings, Architectural style: Traditional
Community
Gated
Cooling
WallWindowUnits
Fireplaces
DiningRoom, Kitchen, LivingRoom
Floors
Carpet, Tile, Vinyl, Wood
Garage
8 spaces
Heating
NaturalGas, WallFurnace
Income
Gross income: $138,111, Net operating income: $92,842
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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