$1,335,000
$1,349,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
6,534 Sqft Lot
SOLD DATE : 06/15/2021
Key Details
Sold Price $1,335,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB21058387
Sold Date 06/15/21
HOA Y/N No
Year Built 1923
Lot Size 6,534 Sqft
Property Description
Welcome to the trendy and ever popular East Hollywood area that is so close to Silverlake and the local studios. This beautiful Spanish style property consists of two separate buildings on a corner lot. The property is zoned R-3 and is ripe for development. There are several building projects in the area as the area has improved dramatically in the last few years. The front building faces Fountain Avenue and consists of two large 1 bedroom apartments with formal dining rooms and laundry rooms. The dining room in one of these units is being used as a 2nd bedroom and the other one has the original Hollywood murphy bed in the living room. The front unit has access to the large, gated front yard and has a lovely front porch. Both of these units are rented with one car garages. The rear building consists of 2 side by side 1 bedroom units. Each has a front porch with views of the Hollywood sign and they share a large back patio. They both have updated kitchens and laundry rooms. The electrical panel for all units has been updated and there has been substantial upgrading to the exterior of the building, hardscape and landscaping. The property is walking distance to all three of the major hospitals, shops and dining and very close to the local studios. There are very long term tenants in three of the units.
Location
State CA
County Los Angeles
Area C30 - Hollywood Hills East
Zoning LAR3
Interior
Fireplace No
Laundry Laundry Room
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Gutter(s), Hiking, Park, Street Lights, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5540010001
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Frank Paul Barbano • Barbano Realty
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA