Thank you
Michael Mikail
Rodeo Realty
310-724-7100
This vintage 4-unit apartment building, originally constructed in 1930, exudes classic Hollywood charm and boasts numerous modern updates. Three of the units have been recently renovated, featuring spacious one-bedroom, one-and-a-half-bathroom layouts, large living room and den spanning over 900 square feet. Each unit offers an open floor plan, abundant natural light, stylish hardwood floors, coved ceilings, and the convenience of a washer and dryer. Great size bedrooms with walk in closet and attached full bathroom. Additional amenities include security gate and controlled access, private storage and parking spaces, mostly copper plumbing, split cooling and heating systems, updated electrical, and separate metering for gas and electricity. The property has been professionally managed, presenting a significant potential for increased rental income. Situated in an ideal location with a high walkability score and excellent access to public transportation, the building is just steps away from the lively Melrose Strip, the Grove, and the Farmer's Market, offering an array of dining, shopping, and entertainment options in Los Angeles. This highly sought-after neighborhood attracts renters due to its proximity to numerous commercial retail stores and renowned restaurants near the world-famous Melrose District, resulting in low vacancy rates. Additionally, it is a short drive from major employment hubs, making it particularly appealing to young professionals in the entertainment industry who work in close proximity to major movie studios. Residents can enjoy the benefits of living steps away from famous Melrose Ave. while still being within a short drive of desirable locations such as the Grove, Beverly Hills, West Hollywood, the Beverly Center, and the world-famous Cedars Sinai Medical Center.
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Total Bedrooms : 4
Total Baths: 8
Full Baths: 0
Half Baths: 0
Sewer : Other
Interior Features: Walk-In Closet(s)
Property Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
Fireplace: Kitchen,Living Room
Flooring: Laminate,Tile,Wood
Electric
Air Conditioning
Combination
Has Heating
Fireplace Features: Kitchen,Living Room
Has Fireplace: 1
Year Built: 1930
Building Area Total: 3,548
Inside,In Kitchen
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1412
Lot Size Source: Assessor
Lot Size Square Feet: 6151
Original List Price: 2,095,000
Listing Contract Date: 2024-03-06
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5527027035
Garage Description: Assigned,Driveway Down Slope From Street,Uncovered
Lease Term: Negotiable
Tenant Pays: Cable TV,Gas
Source Listing Status: Active
Source Neighborhood: C19 - Beverly Center-Miracle Mile
Postal Code Plus 4: 2252
Directions: Two Blocks North of Beverly Blvd. and Two Blocks East of Fairfax Ave.
Zoning: LARD1.5
Source Property Type: Residential Income
Area: C19 - Beverly Center-Miracle Mile
Property Age: 94
Property Condition: Updated/Remodeled
Year Built Source: Assessor
Total Square Feet Living: 3548
Entry Level: 1
Levels or Stories: One
Building Total Stories: 1
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
816 S Orange Grove Avenue, Los Angeles, CA,90036 | $2,400,000 | 9 | 8 | 5,727 | 6028 Sqft |
5506 W Olympic Boulevard, Los Angeles, CA,90036 | $1,099,000 | 2 | 3 | 1,474 | 1543 Sqft |
356 - 366 N Orange Grov.., Los Angeles, CA,90036 | $5,750,000 | 24 | -- | 19,149 | 19211 Sqft |
920 S La Brea Avenue, Los Angeles, CA,90036 | $2,495,000 | -- | -- | -- | 6174 Sqft |
434 N Ogden Drive, Los Angeles, CA,90036 | $2,995,000 | 8 | -- | 5,222 | 6375 Sqft |
843 S Curson Avenue, Los Angeles, CA,90036 | $1,999,000 | 7 | -- | 3,936 | 5501 Sqft |
507 N Mansfield Avenue, Los Angeles, CA,90036 | $1,749,000 | 2 | 2 | 1,444 | 6007 Sqft |
348 1/2 N Gardner Street, Los Angeles, CA,90036 | $1,099,000 | 2 | 1 | 1,420 | 6107 Sqft |
920 S S Genesee Avenue, Los Angeles, CA,90036 | $1,558,000 | 3 | 2 | 1,699 | 5919 Sqft |
648 S Ridgeley Drive #104, Los Angeles, CA,90036 | $619,000 | 2 | 2 | 829 | 7808 Sqft |
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ByOwner last updated this listing 05/19/2024 @ 05:19
MLS: 24365827
LISTED BY: Michael Mikail, Rodeo Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.