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$2,695,000
Est. payment /mo
12 Beds
8 Baths
7,468 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,468 sqft
Price per Sqft $360
MLS Listing ID 25622455
Bedrooms 12
HOA Y/N No
Year Built 1948
Property Description
6u +1 ADU (RT) Miracle Mile. "Beverly Hills quality, LA pricing. "And Plans and Permits for a 3/2 ADU without losing any parking! A lovingly rehabbed 6 units (+1 ADU RTI) between Miracle Mile and Oxford Square. The owner has self-managed and her hands-on approach shows throughout. In addition to updating the facade and landscaping, the Seller extensively and tastefully rehabbed 4 of the 6 units (stone surfaces, new fixtures floors, cabinetry & crown molding). Also she has installed new HVAC units, put in dual-pane windows and installed NEW electrical meters and subpanels - a must in today's turbulent insurance climate. Lastly, the Seller is waaaay down the road with the City - having obtained full approval and permits (RTI) for a large, 1,200 sq. ft. 3 Bed/2 Bath unit above the existing detached garages - 90% of ADU additions, around town, mean you lose parking...not here. All the hassle, expenses and application/approval red tape are already handled. Building this ADU unit out will INCREASE your monthly gross rental income by 25%.The subject property is a "Beauty" that a Buyer can grow with, literally...rehabbing the remaining two units and building out the ADU. Across the street from Queen Anne Park and Recreation Center - a 'go to' for the neighborhood - meeting area, gym, playgrounds, picnic tables, soccer fields, baseball diamond and tennis courts. EXCLUSIVELY LISTED at $2,695,000 Buy-Side Fee paid by Buyer
Location
State CA
County Los Angeles
Area C18 - Hancock Park-Wilshire
Zoning LARD1.5
Interior
Heating Central
Fireplace No
Appliance Dishwasher
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5082010021
Special Listing Condition Standard
Read Less Info

Listed by Brice Head CBRE, Inc.
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