Tucked away from the street in historic Beachwood Canyon, nestled below the iconic Hollywood sign, lies a 4-unit Craftsman-style compound consisting of a triplex and a detached bungalow. Situated on an expansive private lot, each generously sized unit retains old-world charm while offering the modern amenities of today's living. A commanding front triplex offers alluring curb appeal, while the secluded vacant bungalow offers an investor the opportunity to achieve market rent immediately or a rare opportunity for an owner-user to maintain their own private space while the occupied units help offset a mortgage. Upgrades over the years include renovated kitchens and bathrooms, plus the addition of central HVAC. Tenants of the community enjoy shared and private outdoor spaces, garage parking and W/D hookups. This rare offering is located within close proximity to Franklin Village, offering an array of shops and dining for tenants and owner-users. Fully occupied, the property generates $180,000/year, offering an excellent investment opportunity in one of Los Angeles' most prized locations.
|
DAYS ON MARKET
|
31
|
LAST UPDATED
|
10/26/2024
|
|
YEAR BUILT
|
1941
|
COMMUNITY
|
Hollywood Hills East
|
|
GARAGE SPACES
|
3.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer |
| AREA |
Hollywood Hills East |
| BASEMENT |
Yes |
| FIREPLACE |
Yes |
| GARAGE |
Door-Multi, Garage, Uncovered, Yes |
| HEAT |
Central |
| LOT |
10297 sq ft |
| PARKING |
Door-Multi,Garage,Uncovered |
| POOL DESCRIPTION |
None |
| STORIES |
2 |
| STYLE |
Craftsman |
| ZONING |
LAR3 |
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Listed with Compass
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/25/24 10:40 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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