Step into this exceptional investment opportunity or owner-occupant dream! This fully updated 4-plex features two duplexes housed in separate buildings, thoughtfully designed around a common area courtyard. With strong market rents, incredible tenants in place, and junior ADU architectural drawings and structural calculations already completed, this property offers turnkey ease and endless potential. Each of the four units has been fully modernized with updated kitchens and bathrooms, fresh interior flooring, and stylish new light fixtures. The exterior of both buildings shine with fresh paint, and the landscaped grounds enhance curb appeal. Every unit comes equipped with convenient in-unit amenities, including washer/dryers, refrigerators, dishwashers, and oven/ranges ensuring tenant satisfaction at every turn. Nestled at the gateway of Franklin Hills, this property is ideally located to enjoy the best of Los Angeles' vibrant culture while offering a serene community feel. Minutes from iconic destinations like Sunset Junction, Mendocino Farms, Lyric Cafe, and located within a top-tier school district. This property is perfect for owner occupied, tenants, and investors alike. Whether you're seeking reliable income or looking to generate passive income, this is your chance to own a piece of Franklin Hills' unique charm!
MLS # | 25524349 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1922 |
Days On Site | 71 |
Listing Provided By | Coldwell Banker Realty | Dunia Handy Gill |
SQ Feet | 3,221 |
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Story(s) | 2 |
Units | 4 |
Building(s) | 2 |
Zoning | LAR2 |
Acreage | 0.16 |
Security Features | Gated Community |
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Community Features | Gated |
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State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90027 |
Area | 637 Los Feliz |
Listing VS Median (in 90027) | |
Price: $2,695,000 low | high Med: $1,792,500 SqFt: 3,221 low | high Med: 3,284 $ / SqFt: $837 low | high Med: $670 On site: 71 low | high Med: 79.500000 |