CA > Los Angeles
Los Angeles, CA 90027,2041 N Vermont AVE
Los Angeles, CA 90027,2041 N Vermont AVE
Los Angeles, CA 90027,2041 N Vermont AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$9,100,000
Est. payment /mo
7 Beds
31 Baths
22,582 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 22,582 sqft

Price per Sqft $402

MLS Listing ID 22191539

Bedrooms 7

HOA Y/N No

Year Built 1928

Lot Size 8,990 Sqft

Property Description

This exquisite 32-unit residential income property stands out with gorgeous French Normandy design and ornate, architectural details. Located along Vermont, just below the hills of Los Feliz, the Griffith Observatory and just blocks from Los Feliz Village- this location couldn't be better. The property features 32 units, consisting of 8 beautiful (1 bedroom, view units with French windows) including a non-conforming, "owner's" unit with a fireplace and 24 charming studios (separate kitchens, dining areas and walk-in closets, which gives them more of a spacious feel). Each unit has charming details offering arched doors and doorways and beamed ceilings. The total building size is 22,582 square feet per assessor. Los Feliz is a vibrant and exciting place to live with amazing cafes, restaurants, nightlife, world famous architecture and lots of hiking for outdoor enthusiasts. Centrally located close to Silver Lake, Hollywood and Downtown LA. Owning this incredible piece of history would be a once in a lifetime opportunity! Seller will consider a partial trade. Almost always 100% occupied, the owner has indicated that there is consistently a "waiting-list" to get into the building. Vacancies have historically been filled through "word-of-mouth". The views, character and charm of the units, elevator, large laundry room and the current owner's maintenance record, make this a most attractive building for tenants. Anticipated upside of the rents is approximately 35-40% of current rents.

Location

State CA

County Los Angeles

Area 637 - Los Feliz

Interior

Flooring Carpet, Wood

Fireplace No

Laundry Common Area

Exterior

View Y/N Yes

View Mountain(s)

Roof Type Composition

Building

Story 4

Entry Level Three Or More

Sewer Sewer Tap Paid

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 5589022006

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Lane Aronson • Berkshire Hathaway HomeServices California Properties

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