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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,800,000

Est. payment - /mo

6 Beds

4 Baths

4,638 SqFt

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,638 sqft

Price per Sqft $388

MLS Listing ID 26810725

Bedrooms 6

HOA Y/N No

Year Built 1936

Lot Size 6,438 Sqft

Property Description

Exceptional value-add 4-unit opportunity located in a prime Los Angeles neighborhood, featuring unique and charming architecture rarely found in typical multifamily assets. This distinctive property offers both strong in-place income and significant upside potential. The unit mix consists of (2) 2-bedroom + 1-bath units and (2) 1-bedroom + 1-bath units. Two units will be delivered vacant at closing, providing immediate flexibility for an investor or owner-user: Unit A: 2 Bed / 1 Bath (Vacant) Unit B: 1 Bed / 1 Bath (Vacant) The remaining units are currently occupied: Unit C: 2 Bed / 1 Bath rented at $2,100/month Unit D: 1 Bed / 1 Bath rented at $2,300/month. The property also features separate garage structures, offering excellent potential for Accessory Dwelling Unit (ADU) conversion (buyer to verify), creating an additional income stream and further enhancing long-term value.With its irreplaceable architectural character, desirable location, and multiple avenues for upside including rental increases, unit renovations, and ADU development - this is an ideal opportunity for investors seeking to reposition and maximize returns.

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LARD1.5

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Refrigerator

Exterior

Total Parking Spaces 4

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5087015019

Special Listing Condition Standard

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Listed by David Miller Miller & Desatnik Realty Co. #02105346

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1245 S Crescent Heights BLVD Los Angeles, CA 90035