Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1939
Sq.Footage
3,752
This property is situated in one of Los Angeles' most desirable rental markets, just minutes from Beverly Hills, West Hollywood, and Cedars-Sinai Medical Center. Its prime location attracts high-income tenants seeking a vibrant, urban lifestyle, with easy access to major job hubs such as Century City, Hollywood, and the Miracle Mile, home to leading media, entertainment, and tech companies. Offering a mix of spacious units, the property includes a vacant two-bedroom, two-bath unit with in-unit laundry and a private yard, making it ideal for an owner-occupier. Additionally, three one-bedroom, one-bath units feature generous layouts with a combination of laminate and tile flooring, catering to both renters and investors alike. Beyond its unbeatable location, the property offers privacy and outdoor space with a secluded front and side yard shaded by mature trees, an appealing feature in the heart of the city. Significant value-add potential exists, as current rents average $1,700 per month for the unrenovated units, with projections reaching $2750 for 1's and $3,000 for 2's per month after upgrades. Two separate two-car garages provide secure parking and potential for ADU conversion, creating additional income opportunities.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Construction Materials
Stucco
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.141
-
Property Type
Residential Income
Price
-
Sales Price
$1,650,000
-
Sq. Footage
3, 752
-
Price/SqFt
$439
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Saadia 'Sam' Liberow , Marcus & Millichap
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