DUPLEX BUILT IN 2020...Two Beautiful Tri-level (1205 & 1207) detached units, each with its OWN address and both composed of 3BD+3.5Bath. Welcome to this Contemporary Modern Masterpiece...FRONT UNIT 1205 Manzanita St. consists of 1,667 sqft of living spaces. BACK UNIT 1207 Manzanita St. has 1,743 sqft of living space. Details include Italian engineered oak floor planks, Nest AC home technology, tasteful stainless steel appliances and quartz countertops in a chef's kitchen setting. 1205 Residence has a 2nd floor Master Suite, with Master Bath w/his/hers vanity, walk-in closet and room steps out to a Serene Patio perfect to relax & unwind. Bedrooms 2 & 3 can be found in the 3rd floor...each with its own private bathroom and Balcony. 1207 unit 3rd floor, you will find Master Bedroom with own private Patio/balcony, Breathtaking master bathroom and walk-in closet. Each unit has a 1 car garage plus driveway parking. Both units have a patio to enjoy the summer nights and unwind. You will be just steps away from the Trendy Sunset Junction, Dining, and shopping. Minutes from Hollywood, and the Griffith Park Observatory. Perfect opportunity to live in one home and rent out the other. Don't forget to TAKE A LOOK AT THE 3D VIRTUAL TOUR for unit 1207...
First time on the market in 26 years. Excellent property to invest or to make it your home.Located steps away from Sunset Blvd. and all the restaurants, coffee shops, etc. The front home offers a 4 bedroom/2 baths home with its own laundry room, while the back building has a 1bedroom/1 bath on the second floor, Underneath it has a studio with a full bath.Next to the studio, the 2 car garage which is drywalled and fully insulated. The garage opens to the Back ally. There is also street parking available. ALL SQUARE FOOTAGE IS PERMITTED. CITY APPROVED BLUEPRINTS WILL BE PROVIDED TO NEW OWNERS.
Introducing a Premier Living Experience, a standout new construction in the vibrant heart of Sunset Junction / Los Feliz area. This premium five-unit property, nestled in a bustling hospital and tech hub near giants like Google and Netflix, offers a rare blend of style, function, and accessibility. Unit Mix: Four 1-bedroom, 2-bathroom units and one -2 bedroom, 2-bathroom unit with a den that can double as a third bedroom. Designed with the modern tenant in mind, these townhome-style units feature house-like qualities in a multi-unit structure, ensuring a unique and comfortable living experience. Enhanced with coded and motorized vehicle entry gates, the property prioritizes convenience and safety. Situated in a prime location with walkable access to diverse retail and dining options, the property holds a commanding position in one of LA's most sought-after neighborhoods. Occupied by professionals from the medical, tech, and media industries, the units attract stable, high-quality tenants looking for premium accommodations without the hassle of high turnover— truly a landlord's dream. Los Feliz is a hillside neighborhood in the central region of Los Angeles, California, abutting Hollywood and encompassing part of the Santa Monica Mountains. Los Feliz encompasses several smaller but distinct areas, including the Los Feliz Hills and Los Feliz Estates (north of Los Feliz Boulevard), Laughlin Park, Los Feliz Village, Los Feliz Square, Los Feliz Knolls, and Franklin Hills. The area north of Los Feliz Boulevard below Griffith Park is commonly referred to as the Los Feliz Hills. The Los Feliz Hills contain multimillion-dollar homes and have been known for the large share of their inhabitants being involved in creative pursuits.
Welcome to 825 N Hobart, a two-story triplex in the heart of East Hollywood, featuring two 2-bedroom, 1-bathroom ADUs in the back. Nestled in the Melrose Hill neighborhood, this property is an investor's dream, ideal for builders or investors seeking opportunities in a rapidly developing area. The property consists of a total of 5 units: four 2-bedroom units and one 5-bedroom unit, all delivered vacant. This allows the new owner to complete renovations and collect market rents or choose to occupy one of the units. Each unit is individually metered, and all work is fully permitted. The property will be delivered with all city RTI permits, current approvals, and inspections. This is a must-see opportunity!
The property is located in an historical area and close to Freeway 101. It is a mixed used property. it is great as a Commercial / residential investment opportunity in the Melrose and Western area. The residential unit is a two story that has 3 Bedrooms and 2 Baths with 1,572 square feet. The Commercial unit has 1,147 square feet with 1 Bath. There are 2 car open garage spaces and entrance is on the side of the property. Total lot size is 5,993 square feet. Come and see this great investment property.
Located in the heart of the Hollywood and situated on the historic route 66 , Chaplin Studios is an incredibly reimagined and modernized creative flex space building, housing a bundle of blank canvases etched into a backdrop of history and character, illuminated by abundant natural lighting, and ready to incubate a new generation's creative and cultural expression. Minutes away from Paramount Studios and Universal Studios, shuffled between amazing Thai town, Little Armina and Melrose hills, the property offers 18 Creative Work Studios of all sizes in two floors with an arcade that serves as a corridor. As you walk into the building, you will enjoy the natural light that shines through the original massive skylights. Exposed Brick Walls, High Wood Beam Ceiling, and allure everywhere, are just a few more reasons to get creative and work smart. The creative synergy of this historic neighborhood from the famous Los Angeles observatory to the Hollywood sign, are just a few more reasons for you to follow the footstep of the legend and become a part of history working in a modernized space with so much of the original charm a century after Charlie Chaplin slept here.
Location, Location, Location! Welcome to LA's finest! This beautifully situated home offers easy access to everything—enjoy the vibrant nightlife, explore the Hollywood Hills, visit Griffith Observatory, and experience all that Hollywood has to offer. This charming residence features 3 bedrooms and 2.5 baths, along with a versatile bonus room/office. You'll find fresh new carpet throughout the entire second floor, excluding the bathrooms, and each bedroom closet boasts sliding mirror doors for added convenience and style. The modern kitchen is a chef’s dream, featuring granite countertops and a built-in chopping board for extra prep space. Newer dual-pane windows fill the home with light while ensuring energy efficiency. Additionally, there's a hidden storage room near the washer and dryer—perfect for keeping your essentials organized. Plus, you have ample parking space for 5+ cars! Don’t miss this incredible opportunity to make this wonderful home yours!
Charming Single-Family Home with Two separate apartments. Nestled amidst the tree-lined streets of the prestigious Melrose Hills neighborhood, this exquisite property presents a rare opportunity to own a versatile investment in one of Los Angeles' most sought-after areas. Boasting a charming single-family home paired with two additional apartments. Great for passive income. Stunning Single-Family Residence: Step into a world of elegance and sophistication as you enter the main residence. Featuring 4 bedrooms and 2 bathrooms with front and back private yards. This home features hardwood floors throughout , Modern kitchen with Stainless Steel Appliance’s, Recess Lights etc. Both bathrooms have been updated with new vanities and modern tile with brush steel fixtures . Two Income-Generating Apartments: In addition to the main residence, this property offers two separate apartments, with 2 bedrooms 1 bath (900 -1000sf) each These units are completely remodeled with separate meters for gas & electric . Plenty of parking for your tenants. These units are ideal for rental income or multi-generational living, these units provide endless possibilities for investment or personal use. Prime Location: Situated in the heart of Melrose Hills, residents enjoy unparalleled access to a plethora of amenities, including boutique shops, trendy restaurants, and cultural attractions. With easy access to major highways and public transportation, commuting to downtown Los Angeles or beyond is a breeze. Investment Highlights: Don't miss your chance to own a piece of paradise. Embrace the essence of luxury living combined with lucrative investment potential. Schedule your private showing today and experience the allure of this exceptional property first hand! May also be sold with 817 N Harvard listed for $1,649,500. Please do not walk on property nor disturb tenant
Charming Single-Family Home with Two separate apartments. Nestled amidst the tree-lined streets of the prestigious Melrose Hills neighborhood, this exquisite property presents a rare opportunity to own a versatile investment in one of Los Angeles' most sought-after areas. Boasting a charming single-family home paired with two additional apartments. Great for passive income. Stunning Single-Family Residence: Step into a world of elegance and sophistication as you enter the main residence. Featuring 3 bedrooms and 2 bathrooms with a private yard. This home features hardwood floors throughout , modern kitchen with stainless steel appliance’s, recess lights etc. Both bathrooms have been updated with new vanity / quartz and modern tile with brush steel fixtures . Two Income-Generating Apartments: In addition to the main residence, this property offers two separate apartments, each with 2 bedrooms 1 bath (900sf ) These units are completely remodeled with separate meters for gas & electric . The units also have washer and dryers’ hookups inside. Plenty of parking for your tenants. These units are ideal for rental income or multi-generational living, these units provide endless possibilities for investment or personal use. Please do not walk on property or disturb occupants. Shown by appointment only. Prime Location: Situated in the heart of Melrose Hills, residents enjoy unparalleled access to a plethora of amenities, including boutique shops, trendy restaurants, and cultural attractions. With easy access to major highways and public transportation, commuting to downtown Los Angeles or beyond is a breeze. Don't miss your chance to own a piece of paradise. Embrace the essence of luxury living combined with lucrative investment potential. Schedule your private showing today and experience the allure of this exceptional property first hand! May also be sold with 821 N Harvard listed at $1,949,500. Please do not walk on property nor disturb tenants.
Welcome to 5154 Romaine Street, situated in the vibrant city of Los Angeles. This charming multi-family residence comprises two units, each offering 3 bedrooms and 1.5 bathroom across a spacious 2,512SqFt of living space. Both units feature well-appointed kitchens, expansive living rooms, designated dining areas, and convenient laundry facilities. The upper unit grants access to a private patio, ideal for creating a serene retreat or hosting outdoor gatherings. Each bedroom is generously proportioned, providing ample space for personalization and comfort. The bathrooms are equipped with shower-in tubs, combining functionality with convenience. There is also 1 half bathroom downstairs. Perfect for a growing family or as an investment property with roommates, this home boasts easy access to the 101 freeway, ensuring effortless commuting. It is conveniently located near the Lemon Grove Recreation Center and a variety of dining options, offering abundant local amenities. Don't let this opportunity pass by to live in a sought-after Los Angeles neighborhood!
Unit # 5 This one-of-a-kind and quaint architectural single family home is part of a 5-unit small lot subdivision located in the heart of one of LA's most sought- after communities- the trendy Virgil Village adjacent to Los Feliz and Sunset Junction. The cozy interiors of this front end unit are adorned by natural light throughout thanks to the plentiful windows. Beautiful kitchens feature an eat-in island, stainless steel appliance packages, and spacious great rooms setting the stage for intimate gatherings or large scale entertaining with family and friends. Live large in luxurious Primary suites, well- appointed with balconies where homeowners will enjoy incredibly rare, panoramic views of the city and hillsides beyond plus landmarks like the Hollywood sign and Griffith Observatory. Explore the great outdoors at Bellevue Park, Silver Lake Reservoir, or the trails of Griffith Park. Shop local at the weekly Farmer's Market, and enjoy some of the best restaurants in LA, trend setting cafes, and popular nightlife/ entertainment venues.
Unit # 4 This one-of-a-kind and quaint architectural single family home is part of a 5-unit small lot subdivision located in the heart of one of LA's most sought- after communities- the trendy Virgil Village adjacent to Los Feliz and Sunset Junction. The cozy interiors of this front end unit are adorned by natural light throughout thanks to the plentiful windows. Beautiful kitchens feature an eat-in island, stainless steel appliance packages, and spacious great rooms setting the stage for intimate gatherings or large scale entertaining with family and friends. Live large in luxurious Primary suites, well- appointed with balconies where homeowners will enjoy incredibly rare, panoramic views of the city and hillsides beyond plus landmarks like the Hollywood sign and Griffith Observatory. Explore the great outdoors at Bellevue Park, Silver Lake Reservoir, or the trails of Griffith Park. Shop local at the weekly Farmer's Market, and enjoy some of the best restaurants in LA, trend setting cafes, and popular nightlife/ entertainment venues.
Unit # 4 This one-of-a-kind and quaint architectural single family home is part of a 5-unit small lot subdivision located in the heart of one of LA's most sought- after communities- the trendy Virgil Village adjacent to Los Feliz and Sunset Junction. The cozy interiors of this front end unit are adorned by natural light throughout thanks to the plentiful windows. Beautiful kitchens feature an eat-in island, stainless steel appliance packages, and spacious great rooms setting the stage for intimate gatherings or large scale entertaining with family and friends. Live large in luxurious Primary suites, well- appointed with balconies where homeowners will enjoy incredibly rare, panoramic views of the city and hillsides beyond plus landmarks like the Hollywood sign and Griffith Observatory. Explore the great outdoors at Bellevue Park, Silver Lake Reservoir, or the trails of Griffith Park. Shop local at the weekly Farmer's Market, and enjoy some of the best restaurants in LA, trend setting cafes, and popular nightlife/ entertainment venues.
Unit # 3 This one-of-a-kind and quaint architectural single family home is part of a 5-unit small lot subdivision located in the heart of one of LA's most sought- after communities- the trendy Virgil Village adjacent to Los Feliz and Sunset Junction. The cozy interiors of this front end unit are adorned by natural light throughout thanks to the plentiful windows. Beautiful kitchens feature an eat-in island, stainless steel appliance packages, and spacious great rooms setting the stage for intimate gatherings or large scale entertaining with family and friends. Live large in luxurious Primary suites, well- appointed with balconies where homeowners will enjoy incredibly rare, panoramic views of the city and hillsides beyond plus landmarks like the Hollywood sign and Griffith Observatory. Explore the great outdoors at Bellevue Park, Silver Lake Reservoir, or the trails of Griffith Park. Shop local at the weekly Farmer's Market, and enjoy some of the best restaurants in LA, trend setting cafes, and popular nightlife/ entertainment venues.
Unit # 2 - This one-of-a-kind and quaint architectural single family home is part of a 5-unit small lot subdivision located in the heart of one of LA's most sought- after communities- the trendy Virgil Village adjacent to Los Feliz and Sunset Junction. The cozy interiors of this front end unit are adorned by natural light throughout thanks to the plentiful windows. Beautiful kitchens feature an eat-in island, stainless steel appliance packages, and spacious great rooms setting the stage for intimate gatherings or large scale entertaining with family and friends. Live large in luxurious Primary suites, well- appointed with balconies where homeowners will enjoy incredibly rare, panoramic views of the city and hillsides beyond plus landmarks like the Hollywood sign and Griffith Observatory. Explore the great outdoors at Bellevue Park, Silver Lake Reservoir, or the trails of Griffith Park. Shop local at the weekly Farmer's Market, and enjoy some of the best restaurants in LA, trend setting cafes, and popular nightlife/ entertainment venues.
Welcome to 5004 N Oak Lane Los Angeles, CA 90029, a spectacular urban retreat designed for modern living. This 3-bedroom, 3.5-bathroom home spans 1620 SF across three levels, featuring two covered parking spots and a private rooftop deck. The ground level provides direct garage access and a bedroom with an ensuite bathroom, offering privacy and convenience for guests or family members. Ascending to the second level, you'll discover a gourmet kitchen equipped with top-of-the-line appliances, ideal for culinary enthusiasts and perfect for entertaining. The open-concept living and dining area creates a welcoming atmosphere, perfect for hosting gatherings or unwinding in comfort. You will also find in-unit washer and dryer that adds to the convenience to your dream abode. The third level features two bedrooms, each with ensuite bathrooms, providing luxurious retreats for relaxation. Whether you're enjoying the city views from your window or indulging in a spa-like experience in your private bathroom, these bedrooms offer tranquility and style. On the rooftop deck, you will be greeted by a sweeping 360-degree views of Los Angeles, highlighting landmarks such as the Scientology building, Griffith Observatory, Hollywood Sign, and DTLA. Nestled in the vibrant East Hollywood neighborhood,
Discover the epitome of modern luxury at 1230 N. Mariposa Ave., LA 90029. This newly constructed 4-bedroom, 4.5-bathroom residence spans 2169 SF across four levels, offering a spacious and sophisticated living experience. Upon entry, you will be greeted by the open-concept space. The living room, adorned with high ceilings and illuminated by a contemporary chandelier, sets the tone of elegance and opulence. The adjacent large kitchen boasts brand new appliances, catering perfectly to cooking enthusiasts, while the powder room and access to the garage add convenience to your daily routines. Ascending the stairs to the second floor, you'll discover two bedrooms, each with their own ensuite bathrooms and walk-in closets, providing luxurious retreats for relaxation and privacy. The in-unit washer and dryers offer added convenience, ensuring effortless living. Continuing to the third level, you'll find the primary bedroom, a spacious haven featuring its own private balcony, where you can unwind and enjoy tranquil moments amidst the bustling cityscape. As if that wasn't enough, this home is an entertainer's dream! The private rooftop deck offers a breathtaking 360-degree view of Los Angeles, showcasing iconic landmarks such as the Scientology building, Griffith Observatory, Hollywood Sign, and DTLA. Whether you're hosting lavish gatherings or simply savoring quiet evenings under the stars, this rooftop sanctuary adds an extra layer of exclusivity and allure to this home.
Welcome to 5004 N Oak Lane Los Angeles, CA 90029, a spectacular urban retreat designed for modern living. This 3-bedroom, 3.5-bathroom home spans 1620 SF across three levels, featuring two covered parking spots and a private rooftop deck. The ground level provides direct garage access and a bedroom with an ensuite bathroom, offering privacy and convenience for guests or family members. Ascending to the second level, you'll discover a gourmet kitchen equipped with top-of-the-line appliances, ideal for culinary enthusiasts and perfect for entertaining. The open-concept living and dining area creates a welcoming atmosphere, perfect for hosting gatherings or unwinding in comfort. You will also find in-unit washer and dryer that adds to the convenience to your dream abode. The third level features two bedrooms, each with ensuite bathrooms, providing luxurious retreats for relaxation. Whether you're enjoying the city views from your window or indulging in a spa-like experience in your private bathroom, these bedrooms offer tranquility and style. On the rooftop deck, you will be greeted by a sweeping 360-degree views of Los Angeles, highlighting landmarks such as the Scientology building, Griffith Observatory, Hollywood Sign, and DTLA. Nestled in the vibrant East Hollywood neighborhood, close to popular dining destinations like Saffy's and Found Oysters, this newly constructed home epitomizes style and convenience.
1002 N Mariposa Ave is a beautiful 28-unit courtyard property located in the heart of Hollywood. Consisting of all large units, 25 of the 28 units are two bedrooms. Asking only 11.16 GRM and 5.46% cap with LOW LOW rents, this offers a new investor approximately 60% upside potential. Please do not disturb the tenants as the building is fully occupied.
Welcome to 1137 N Madison Ave offering a wonderful investment opportunity. This property includes four separate addresses (1137, 1137 ½, 1139, and 1139 ½). 1137 has is 2-story single resident home offering 3 bedrooms and 1 bath plus a water closet. 1137 ½ is a single-family, single-story home with 2 bedrooms and 1 bath. 1139 and 1139 ½ are within a duplex, each with 1 bedroom and 1 bathroom, and each with a single car garage for each unit. With a generous amount of land, the opportunities this property holds for future builds are endless. The property is located within ½ mile of the Vermont/Santa Monica transit station, and is currently zoned for TOC Tier 4, enabling possible advantages to prospective builders (buyer must exercise due diligence in determining all current zoning details and implications). The strategic location is a short drive away from the sought after downtown LA, Echo Park, Los Feliz and West Hollywood area and features a communal garden and park within 500 feet of the property. This property offers a great investment opportunity and lots of potential.
**Newly Priced** Welcome to this stylish sanctuary nestled in the heart of Melrose Hill! Discover a fusion of artistic charm and urban allure in this one-bedroom plus den retreat (WFH Space). Immerse yourself in the vibrant pulse of the neighborhood, just a leisurely 5-minute stroll away from LA's newest burgeoning art scene, where names like David Zwirner, James Fuentes, Rele LA, and MORAN MORAN Galleries all call home. Fuel your creative spirit at the trendiest local coffee and food haunts: Maison Matho Coffee, CafeTelegram, Organico Cafe, ETRA, Le Coupe, and Ggiata Delicatesen, await to tantalize your taste buds and ignite your imagination. Step into a meticulously renovated unit that seamlessly blends modern updates with timeless elegance. Your ultimate haven in a newly remodeled 4-unit TIC Community. Bask in the glow of abundant natural light as it floods through the dual-pane windows. The thoughtfully designed floor plan invites you into a sanctuary where the living room seamlessly melds with the dining area, creating an expansive canvas for both social gatherings and solitary moments of creative expression. Modern updates include, new DP Windows, AC/Heat/ new flooring, new tiled bathroom, updated electrical and LED lights, all new kitchen appliances and, in-unit washer & dryer. Welcome to your quintessential Melrose Hill haven, where every corner whispers stories of artistic inspiration and cultural charm.
We are pleased to present a value-add 8-unit apartment building in the heart of East Hollywood, just blocks from Virgil Village, Silverlake, and close to Los Feliz and Hollywood. The subject property consists of eight one bedroom, one bath units of which two will be delivered vacant. This property comprises of two buildings totaling approximately 5,624 square feet on an approximately 6,970 square foot parcel of land zoned C4-1D. The lot is zoned C4-1D and is in Tier 3 of TOC (transit-oriented community) allowing for the development of +/- 29 units using TOC, and potentially more units using ED1 as a 100% affordable project. Currently there is room for four car parking (two tandem spaces) and addition courtyard space. There is likely enough room on this site to build a detached ADU. Buyer to verify all development potential with their own architect. All development is subject to the Vermont/Western Station Neighborhood Area Plan. Seller and Broker make no representations as to developability of this property. At this time the building is master leased to APLA Health but will be delivered with no master lease in place. All of the leases are with Section 8 tenants and five of the six remaining tenants are paying significantly below market rents. There is immediate upside by increasing the current rents to 4% and filling two vacancies bringing you to an immediate 6.2% cap rate. After a 4% rent increase and filling two vacancies, there still remains an additional 36% upside in rents. The sale of the property is contingent upon approval of an early loan payoff by the state of California. East Hollywood borrows elements from neighbors Silverlake, Los Feliz, Echo Park, Larchmont Village and wraps them up in an attainably priced package. One notable architectural marvel, The Hollyhock House, was designed by Frank Lloyd Wright for oil heiress Alice Barnsdall, who also serves as the namesake for the structure's surrounding Art Park. With the neighborhood seemingly evolving by the day, East Hollywood's near 250-year history is just getting started. An equal mix of hyped hotspots attracting visitors far and wide and local institutions that have helped shape the neighborhood, East Hollywood is the place for those who want a neighborhood atmosphere with the big city at arms' length. Family-owned bars like Tiki-Ti and cornershop coffee house Cafecito Organico lend a more neighborly feel to East Hollywood, but the glitz and glimmer of L.A. is still ever-present in this historic neighborhood. Multi-cultural and family-oriented, East Hollywood is a great place to spend a year or a lifetime.
The 5345 La Mirada Avenue Hollywood Apartment building as an investment opportunity to acquire a 10-unit, 3-story building with ground-level parking that has many recent renovations. The building has a strong unit mix of large units made up of (2) two-bedrooms and (8) one-bedrooms. These large units are 800 sf for the two-bedrooms and 600 sf for the one-bedrooms. These spacious units have city views and are well-lit. Five of the units have been completely renovated with new Kitchens, new Bathrooms, large new dual-pane windows, new Kitchen and Bathroom fixtures, large mirrored door Closets, and New Paint. These must-see units offer hardwood flooring, A/C units, ample storage, and ceiling fans. The two (2) bedroom end units feature windows on three sides of each unit with fantastic city views of Hollywood and DTLA. The (1) bedroom units have incredible East and West views of the city. The building is well-maintained and professionally managed and is in great condition. The building has new exterior paint, is beautifully landscaped, and there is ample parking with (8) tandem covered and (2) covered single parking spaces. The property has security fencing and a secured gated entrance for walking and parking accessibility. There is an on-site laundry facility for 24-hour tenant use. The building is separately metered for both gas and electricity. There are remote security cameras throughout the property that allow ownership 24-hour viewing access. There is an excellent ADU opportunity for this deal with the (8) large tandem parking spaces in the ground-level parking area. In addition, there is a large owner unit-type space that could easily be converted into an ADU space. This is an incredible opportunity to take advantage of LA's need to add more housing and increase capital through building ADUs on land you already own. The property is located in a quiet Hollywood neighborhood that features easy access to transportation, shopping, schools, and major Hollywood attractions. Just down the block is the La Mirada city park which is ideal for kids and a quiet break from city life. There is also ample street parking for visitors or guests. Enjoy the fun and excitement of Hollywood while owning in a quiet Hollywood neighborhood area. There is easy access to the Santa Monica and Hollywood Blvd 101 Freeway off-ramps and exits.
Open House:
Tuesday, 11/19 11:00-1:00PM
Prime Investment Opportunity Quadplex Next to Virgil Village and Sunset Junction! 756 Hyperion Ave presents a captivating opportunity near the heart of Virgil Village and Sunset Junction, boasting a charming California Bungalow and Midcentury Triplex. This small hillside property features a driveway that leads to a triplex in the rear of the property. The hillside through portions of the property could provide unobstructed views of the Hollywood sign and the Griffith Observatory. The property consists of a 1 bed/1 bath bungalow constructed in 1916spanning 646 SF renovated in 2015, alongside a triplex built in 1965, featuring one 4 bed/2 bath owner's unit and two 1 bed/1 bath units, totaling 2,934 SF. Notably, both the owner's unit and one of the 1 bed units in the triplex will be vacant upon close of escrow. Currently, the property demonstrates a Gross Rent Multiplier (GRM) of 15.32 with a cap rate of4.4%, indicating its strong investment potential. Additionally, the spacious lot offers ample parking space and potential for an Additional Dwelling Unit (ADU) at the rear. Conveniently situated, a stroll up Hyperion or Hoover leads to the vibrant Sunset Blvd., renowned for its diverse retail and dining options at Sunset Junction. Similarly, exploring south on Virgil or Hoover provides access to the bustling Virgil Village scene. This property's central location coupled with its remarkable upside potential makes it an enticing investment opportunity for discerning buyers
MUTOOF is pleased to present 800 N Hobart Blvd, Los Angeles, CA 90029. Duplex on over 7,280 SF lot in the heart of Melrose Hill. Huge value-add opportunity 13% upside in rents. Upside redevelopment potential TOC (Transit Oriented Communities) Tier 2 location that allows increased residential density (RD1.5-1XL zoning). Newly updated interior. 2.94 kW roof mounted photovoltaic solar system on both the main house and back unit which efficiently reduces electricity bills. Sub-metered. Walk Score of 90 (Walkers Paradise). Excellent location near the major transit stops, highways (US-101 & SR-2) and shopping centers. Just two miles west of Hollywood, and five miles east of Downtown L.A. The subject property consists of total two (2) units totaling 2,142 SF on a sizable 7,281 SF lot. Mix of total one (1) 3beds/2baths unit and one (1) 1bed/1bath unit. The duplex property to be sold "as-is" with the tenants remaining in possession. DO NOT DISTURB TENANTS. Please submit an offer with POF. Shown upon accepted offer. Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property. Buyer and Buyer's agent to verify all information regarding the property to their full and complete satisfaction.
The median home value in Los Angeles, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Los Angeles, CA is $912,500. Approximately 33.96% of Los Angeles homes are owned, compared to 58.13% rented, while 7.92% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90029 has a population of 3,902,440. Los Angeles 90029 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California 90029 is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles 90029 is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.