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$ 1,899,999
Est. payment | /mo
11 Beds
6,834 Sqft Lot
$ 1,899,999
Est. payment | /mo
11 Beds
6,834 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25240841
Bedrooms 11
Lot Size 6,834 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Discover this beautifully remodeled quadplex located in one of Los Angeles most desirable neighborhoods the heart of Los Feliz (90027). This versatile property offers a perfect blend of owner-user and investment opportunity with a vacant front home ready for immediate occupancy and three income-producing rear units. The front house features 5 spacious bedrooms, 1.5 baths, fresh paint, updated flooring, a laundry room, and recent roof repairs a move-in ready home ideal for an owner-occupant or high-demand rental. The front house also has a basement which roughly measures about 1,600 sq ft that has the potential for an additional ADU (buyer to verify) which could generate additional income. The rear units are fully occupied, with each unit offering 2 bedrooms, 1 bath (1 unit), and 2 bedrooms, 2 baths (2 units) with modern updates and stable paying tenants. Location, location, location: This property is centrally located and within distance to Kaiser and Children's Hospital, Los Feliz, Griffith Park, Hollywood, and Glendale. Tenants pay all utilities, with water billed via RUBS, keeping operating costs efficient. Executed leases and estoppels are available for review. Pro-Forma Rent Roll: $12,380 Current rents with front vacant house: $6,090 Vacant Unit Market Rent: $4,595 *Disclaimer: Buyer and buyers agent are strongly advised to conduct their own independent investigation and due diligence to verify the accuracy of all property information, including but not limited to building records, permits, square footage, lot size, and bedroom/bathroom counts. Seller and listing bro
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of Sunset Blvd on Alexandria Ave
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5543006007
Listed by Ricardo Velasquez LRS Realty & Management Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "