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$1,795,000
Est. payment /mo
5 Beds
5 Baths
3,752 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,752 sqft
Price per Sqft $478
MLS Listing ID 25501447
Bedrooms 5
HOA Y/N No
Year Built 1939
Lot Size 6,141 Sqft
Property Description
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, walkable 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 $2,500-$3,000 per month after upgrades. Two separate two-car garages provide secure parking and potential for ADU conversion, creating additional income opportunities.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning RD1.5-1-O
Interior
Heating None
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer
Exterior
Parking Features Garage
Garage Spaces 4.0
Garage Description 4.0
Pool None
Attached Garage No
Total Parking Spaces 4
Private Pool No
Building
Faces East
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5511008012
Special Listing Condition Standard
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Listed by Saadia 'Sam' Liberow • Marcus & Millichap
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