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$1,995,000
Est. payment /mo
3,930 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 3,930 sqft
Price per Sqft $507
MLS Listing ID CL26664243
HOA Y/N No
Year Built 1931
Lot Size 6,497 Sqft
Acres 0.1492
Property Sub-Type Other
Property Description
Charming 5-Unit TURN-KEY CASH FLOW (6.3% CAP RATE) & HIGH-END RENOVATIONS Multifamily Investment in Prime Hollywood Location offering benefits from 3.75% interest-only assumable financing fixed through December 2028. Front structure is a Spanish style 2-story 4 plex that consists of all 1bd1ba casitas. The rear structure is a detached Craftsman style 2-story 3bd3ba home. There is a detached 5 car garage off the alley and a driveway off the street, totaling 6 parking spaces. The property has undergone a complete rehab with new roof, windows, plumbing, electrical, kitchen/bathroom remodels, tankless water heaters, in-unit laundry, hardwood floors, high ceilings, ac/heat, 5 car garages w/ automatic doors, drought tolerant landscaping, exterior lighting, automatic driveway gate, ring cameras, and more. Individually metered for gas and electric. Tenants pay gas, electric, trash. All 1bd1ba units have recently been rented at market rent. The SFR is vacant, perfect for an Owner/User. Just moments from the iconic Hollywood Strip, major studios, popular restaurants, bars, grocery stores, and the vibrant Larchmont Village. Conveniently located near Larchmont Village, Hancock Park, Melrose, Fairfax, and West Hollywood. Come see it while its available!
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Other
Cooling Central Air
Fireplace No
Building
New Construction No
Others
Tax ID 5534030008
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Listed by Casundra Renteria • Whiz Realty, Inc