$1,675,000
$1,649,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
2,287 SqFt
SOLD DATE : 11/17/2023
Key Details
Sold Price $1,675,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,287 sqft
Price per Sqft $732
MLS Listing ID 23294235
Sold Date 11/17/23
Bedrooms 3
Construction Status Additions/Alterations,Updated/Remodeled
HOA Y/N No
Year Built 1923
Lot Size 6,403 Sqft
Property Description
Delivered 100 % vacant *** 4.7 Projected CAP *** !!!! ****BEST DEAL IN TOWN **** TREMENDOUS OPPORTUNITY - Perfect Income-producing property, Collect two rents and live in one !! (Income would be MUCH higher if rented furnished / Airbnb! ) Whether you're searching for an ideal home for multi-generational living or a savvy income-generating opportunity, this is the one you've been searching for! Live in the vacant primary residence and collect rent from the ADU, OR, rent BOTH units for Income. Sensational Retreat home! PLUS an ADU to generate rental income or accommodate an extended family. In the main dwelling, discover a unique interior combining the allure of a Classic Hollywood 1928 home and its historic location with ultra-modern upgrades. Contemporary features and amenities but preserving the charm and the integrity of the home. Gorgeous gleaming hardwood floors, recessed lights, open bright, and spacious floor plan.A living room with a Parlor/office provides a versatile area for work or relaxation. A stately fireplace adds warmth and character to the area. From the windows, you can enjoy panoramic views of the Capitol Records building and the downtown skyline, creating a picturesque backdrop. A separate private entrance door leads into a large bonus space with a kitchenette, bathroom with shower, a great room, and office/workspace. Completely remodeled state of the art cooks kitchen with a fine selection of Fisher-Paykel appliances, quartz counters & stunning custom cabinetry. The private terraced backyard features a fountain, SPA with a gazebo, a bar area, and a laundry room, creating a tranquil and inviting space for relaxation and entertainment. A separate entrance leads to an ADU. Charming space with Murphy bed, full bath, brand new kitchenette, and private outdoor porch with views! Laundry room and Spa. All this and a Fabulous location!!! Conveniently located near some of the best shopping and restaurants that Los Angeles has to offer! Come for a tour to see the possibilities that await you!
Location
State CA
County Los Angeles
Area C03 - Sunset Strip - Hollywood Hills West
Zoning LAR1
Interior
Heating Central, Wall Furnace
Cooling Central Air
Fireplace No
Appliance Dishwasher, Refrigerator, Washer
Laundry Inside, Laundry Room
Exterior
Garage Driveway Down Slope From Street, Driveway
View Y/N Yes
View City Lights, Landmark
Porch Covered, Deck, Open, Patio, Wrap Around
Parking Type Driveway Down Slope From Street, Driveway
Total Parking Spaces 1
Building
Story 1
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Construction Status Additions/Alterations,Updated/Remodeled
Others
Senior Community No
Tax ID 5575002005
Security Features Carbon Monoxide Detector(s)
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 Jimmy Heckenberg • Rodeo Realty
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA