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.
|
DAYS ON MARKET
|
43
|
LAST UPDATED
|
4/3/2025
|
|
YEAR BUILT
|
1939
|
COMMUNITY
|
Beverly Center-Miracle Mile
|
|
GARAGE SPACES
|
4.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
Prior to Apr 3, '25
|
$1,900,000
|
| Apr 3, '25 - Today |
$1,795,000 |
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Dryer, Microwave, Refrigerator, Washer |
| AREA |
Beverly Center-Miracle Mile |
| CONSTRUCTION |
Stucco |
| GARAGE |
Garage, Yes |
| HEAT |
None |
| LOT |
6140 sq ft |
| PARKING |
Garage |
| POOL DESCRIPTION |
None |
| STORIES |
2 |
| ZONING |
RD1.5-1-O |
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Listed with Marcus & Millichap
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 4/5/25 3:07 AM PDT 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
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