Incredible opportunity in a prime Los Feliz adjacent location. Large property of close to 12,000 SF of land, offers many opportunities. There are currently 8 units spread over 3 bungalow style structures with 8 on site parking spaces. With a current cap rate of 5.89% and approximately 42% upside in… Read More existing rents, offering a cap rate of 9.4% at market rents. The large lot has potential for up to 6 ADUs or more, which would raise the cap rate to above 10%! Tenants pay their own trash, keeping expenses low. The large lot, zoned LAR3 also offers potential for ground up development. Read Less
Courtesy of Keller Williams Larchmont 323-762-2600
Listing Snapshot
Days Online
5
Last Updated
Property Type
Other
Beds
8
Square Ft.
5,532
Lot Size
0.27 Acres
Year Built
1924
MLS Number
25539067
30 Days Snapshot Of 90027
$2.36M
-16%
(avg) sold price
15
+66%
homes sold
47
-35%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Garbage Disposal
Building
5,532 sq ft, Built in 1924, Levels: Two, Attached
Cooling
None
Disclosures
As Is, LA/Owner Related, Rent Control
Garage
Driveway
Heating
Wall Gas
Lot
LotAcreage: 0.2667, LotSizeArea: 11,616
Parking
TotalParking: 8
Property
NumberOfUnits: 8, ViewDescription: Mountains, City, ViewYN: 1, Zoning: LAR3-1
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Confirm your time
Fill in your details and we will contact you to confirm a time.
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.
