Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1929
Sq.Footage
4,679
A rare opportunity in Hancock Park / Miracle Mile, this grand Mediterranean duplex offers nearly 4,700 sq ft of beautifully maintained living space across two expansive 3-bed, 3-bath residences - each delivering the scale and feel of a private single-family home. The remodeled lower unit (approx. 2,200+ sq ft) features stainless steel appliances, private laundry with high-end machines, central AC/heat, ceiling fans, hardwood floors, a gas fireplace, oversized windows, formal dining room, breakfast room, and a private furnished patio. The sun-filled renovated upper unit (approx. 2,300+ sq ft) showcases stunning Spanish-Modern character with hardwood floors, recessed lighting, French windows, stained-glass accents, a living room fireplace, custom built-ins, and an updated gourmet kitchen with a grand dining room and office/den. Both units offer abundant natural light, quality craftsmanship, modern systems, EV chargers for each unit, and access to a 2-car garage. The property is fully occupied with month-to-month tenancy, generating $5,300/month from the upper unit and $4,400/month from the lower unit - providing strong in-place income with flexibility for an owner-user or investor. Offered at $2,095,000, the property reflects an approximate 18 GRM and ~5.56% gross cap rate based on current income, consistent with typical Hancock Park / Miracle Mile duplex performance. With rare architectural character, walkability, upside potential in future rents, and a meticulously maintained owner-occupied condition, this is an exceptional opportunity in a prime central Los Angeles location. Financial metrics are based on current gross income only; operating expenses not included. Buyer to independently verify all information. Showings allowed with accepted offer only. Do not disturb tenants.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Parking
Driveway, Garage
-
Pool
Yes
-
Pool Features
None
-
View
City Lights
Area & Lot
-
Lot Size(acres)
0.1271
-
Property Type
Residential Income
-
Architectural Style
Spanish
Price
-
Sales Price
$2,095,000
-
Sq. Footage
4, 679
-
Price/SqFt
$447
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 Rodney Wittbrodt , Compass
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