MAJOR PRICE REDUCTION -SELLER MOTIVATED! Located in the desirable Windsor Village/Hancock Park neighborhood which is renowned for its rich history and architectural charm, making this prime location! ~This Spanish-Style Duplex on a beautiful Tree-Lined Street, offers a fantastic opportunity for owner-users and investors alike ~ Zoned R2-HPOZ ~The property features two side-by-side identical units, each with 1- bedrooms, 1-bath. However, both units feature an additional room one currently being used as a sleeping area and the other is currently used as a children's play area, providing extra flexibility for occupants. Additionally, each unit includes an extra bathroom, offering added convenience. Private security gated entry for each unit ~INTERIOR FEATURES: Updated kitchens, bathrooms, flooring, and newer windows ~Spacious kitchens with washer & dryer hookups in both units ~EXTERIOR FEATURES: Unit #936 has a private long/narrow side yard ~Unit #938 has access to a long shared driveway with ample parking ~Detached Storage room, offers potential use for an ADU conversation. INVESTMENT & OWNER-USER POTENTIAL: Both units are currently rented below market value, presenting an immediate rental upside income with rent adjustments to current market rates ~Value-add opportunity through renovations and rental adjustments for increased long-term returns ~Seller may offer a CLOSING COST CREDIT INCENTIVE to assist with non-recurring closing cost expenses, potentially reducing the buyer's upfront costs, as BUYER'S MAY BE MORE INCLINED TO PROCEED WITH A DEAL THAT OFFERS SOME FINANCIAL RELIEF! PRIME LOCATION: Walking distance to parks, restaurants, and centrally located to LA's finest. Property is being sold in its present "AS-IS" condition and to be delivered with the tenants in place. Buyer to verify all information, including permits and zoning. Information deemed reliable but not guaranteed. PLEASE NOTE: DRIVE-BY ONLY, please do not disturb tenants. To respect the privacy of current occupants, property viewings will be scheduled only after an offer has been accepted. All offers to include a viewing contingency to ensure buyer satisfaction. We appreciate your understanding.
|
DAYS ON MARKET
|
20
|
LAST UPDATED
|
4/2/2025
|
|
YEAR BUILT
|
1922
|
COMMUNITY
|
Hancock Park-Wilshire
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
|
Prior to Apr 2, '25
|
$1,395,000
|
| Apr 2, '25 - Today |
$1,275,000 |
| AIR |
None |
| AREA |
Hancock Park-Wilshire |
| GARAGE |
Shared Driveway, Uncovered |
| HEAT |
None |
| LOT |
6013 sq ft |
| PARKING |
Shared Driveway,Uncovered |
| STORIES |
1 |
| STYLE |
Spanish |
| VIEW |
Yes |
| ZONING |
LAR2 |
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Salem to contact you even if your name is on a Federal or State
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Listed with Keller Williams Larchmont
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 4/2/25 10:46 PM 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
This IDX solution is (c) Diverse Solutions 2025.
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