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Listed by Doron Refael • Doron Refael, Broker
$2,200,000
Est. payment /mo
6 Beds
4 Baths
3,855 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,855 sqft
Price per Sqft $570
MLS Listing ID OC-26196538
Bedrooms 6
Full Baths 4
Year Built 1937
Lot Size 6,176 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
In the heart of the City, this Highly sought-after Beverly Grove neighborhood offers An Easy walk to LACMA, The Grove, Hollywood hot spots, Beverly Center and Cedar Sinai Medical Center, all offering premier dining, shopping and entertainment. A total Beauty of a French Normandy Duplex that will capture you from the moment you step in. Full of Character and Charm of the 1930s glory days of LA.. This specious Duplex of more than 3,800 sf has two very large 3 bedrooms / 2 baths homes, each with its own two-car garage. The upper unit is currently staged and ready for its new occupant and the lower unit rented on a Month-to-Month rental agreement. This would be an excellent Positive Cash Flowing Property for an investor, or a dream home for someone who wants to live in this amazing location and enjoy a prime rental income. Each of the units offers large living and dining rooms, together with a den. The upper unit has City Lights view of Hollywood Hills. A Savi investor may also consider increasing the rental income by potentially converting the garage into two additional ADUs or building 2 ADUs above the garage. Buyer to investigate. Downstairs unit is currently rented for $5,325 p/month. An owner occupied with 20% down, may end up with a net out-of-pocket payment which is lower that the rent value of these units. Subject to qualification and depending on the loan program that they choose.
This is a unique opportunity to have it all in an amazing location in the LA and the Beverly Hills Adjacent Areas. Location, Location, Location…
This is a unique opportunity to have it all in an amazing location in the LA and the Beverly Hills Adjacent Areas. Location, Location, Location…
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Interior
Interior Features 2 Staircases
Heating Central
Cooling Wall/Window Unit(s)
Fireplaces Type Living Room
Inclusions All appliances
Laundry Individual Room
Exterior
Garage Spaces 4.0
Pool None
Community Features Sidewalks
View Y/N Yes
View City Lights
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
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Nearby Locations
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John R Thompson
Broker/Owner License ID: 01200900
Broker/Owner License ID: 01200900