Nestled in the heart of Los Feliz, this charming multi-family property offers a unique opportunity for savvy investors seeking rental income in one of Los Angeles' most desirable neighborhoods. The property features two detached Craftsman bungalows, each brimming with character and updated to meet modern standards. With a total of… Read More four bedrooms and two bathrooms spread across 1,560 square feet, these fully occupied units are currently home to wonderful tenants that are paying attractive rental rates. The property's incredible location, just east of Hillhurst Avenue, places residents close to local attractions such as the iconic Vista Theater, Home Restaurant, and The Guest House. Each unit boasts its own laundry facilities, adding convenience for tenants and potentially increasing rental value. The gated property provides driveway parking for each unit, a coveted amenity in this bustling urban area. For those with an eye on future development, a detached converted garage comes with preliminary plans for an Accessory Dwelling Unit (ADU), offering potential for additional rental income. The property's Craftsman aesthetic lends a timeless appeal, while recent updates ensure modern comfort. With its prime location and strong rental potential, this multi-family gem presents an excellent opportunity for investors looking to expand their portfolio in one of LA's most vibrant communities. This property isn't just an investment; it's a slice of Los Feliz life, served up with a side of potential and a dash of charm. Read Less
Property listed by Robust Real Estate, Corey Nelson 833-762-8781
Listing Snapshot
Days Online
114
Last Updated
Property Type
Other
Beds
4
Square Ft.
1,560
Lot Size
0.15 Acres
Year Built
1915
MLS Number
24414237
30 Days Snapshot Of 90027
$2,486k
+33%
(avg) sold price
13
-7%
homes sold
42
-67%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Microwave, Range
Building
Built in 1915, Building area total: 1,560, Levels: One, Living area: 1560, 1 story, 2 buildings, Architectural style: Craftsman
Cooling
WallWindowUnits
Expenses
Gardener expense: $960, Insurance expense: $1,750, Maintenance expense: $3,500, New taxes expense: $16,732, Water sewer expense: $2,400
Heating
FloorFurnace
Income
Gross income: $83,280, Net operating income: $57,938
Interior Features
CeilingFans
Lot
0.155 acres, 6,753 square feet, Size: 6,753
Parking
2 open parking spaces, 4 totals parking, Driveway
Property
Zoning: LAR2
Tenant Pays
CableTv, Electricity, Gas
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
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.
Confirm your time
Fill in your details and we will contact you to confirm a time.
