Description
We are pleased to present this opportunity for an astute investor to purchase a 4 plex in the hot and high demand Miracle Mile corridor. This gorgeous Spanish style building is located just Two blocks from LACMA, the New Purple Line Metro Station, the Grammy and the Peterson museums. This property is centrally located and extremely walkable. This is the first time the property has been available and on-market in over 40 years. The owners have been committed to retaining the structures original details and charm. Each unit is roughly 1,300 square feet , 2 bed 1 bath, with washer/dryers in the units. The bottom apartments boast original wood or beautiful laminate. The building has updated windows, electrical and plumbing. There is a large vacant two car garage in the rear of the property that can be converted to ADU or offered to the tenants for immediate additional income. This property does not fall within the Historic Preservation Overly Zone (HPOZ). Drive by only - please do not disturb tenants. Interior pictures are available upon request .
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8BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
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5,180SQFT
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$410$/SQFT
School Ratings & Info
Description
We are pleased to present this opportunity for an astute investor to purchase a 4 plex in the hot and high demand Miracle Mile corridor. This gorgeous Spanish style building is located just Two blocks from LACMA, the New Purple Line Metro Station, the Grammy and the Peterson museums. This property is centrally located and extremely walkable. This is the first time the property has been available and on-market in over 40 years. The owners have been committed to retaining the structures original details and charm. Each unit is roughly 1,300 square feet , 2 bed 1 bath, with washer/dryers in the units. The bottom apartments boast original wood or beautiful laminate. The building has updated windows, electrical and plumbing. There is a large vacant two car garage in the rear of the property that can be converted to ADU or offered to the tenants for immediate additional income. This property does not fall within the Historic Preservation Overly Zone (HPOZ). Drive by only - please do not disturb tenants. Interior pictures are available upon request .
Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-28T21:43:03.17. 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.