First time on the market in over 65 years! This spectacular French Normandy courtyard style building has been held by the same family through 7 decades. Prize location, just 2 blocks from the legendary Chateau Marmont, at the east entry of the Sunset Strip. 8 generously proportioned units comprised of… Read More 4 -2 bedroom/ 2bath townhouse style units and 4- 1 bedroom/1 bath units sited on a lot of over 14000 square feet! Character abounds! Original stained glass living room windows, kitchens with floor to ceiling tiled walls, decorative fireplace mantles and iron work, warm original hardwood flooring in excellent condition, magnesite stairways. All units have their own rear service entrance as well as laundry hook-ups. Built in 1937, only 5 years after the Chateau was converted to a hotel, the history in these walls is palpable! Lovingly maintained, through the years. All of the main electrical boxes have been upgraded, 6 of the 8 units have had their interior panels upgraded. 80% of the plumbing supply lines have been replaced. 2 4-car garages at the rear with a remote operated gate offer ample and secure off-street parking for each unit. Income of almost $200,000 per year, yet room to grow by 50% with these 8 units alone, to say nothing of potential additional development opportunities afforded by the oversized lot! This is a trophy building in an iconic and upscale location waiting to reward your stewardship with income and genuine pride of ownership through the next several decades. Call agent for details. Read Less
Courtesy of Keller Williams Larchmont 323-762-2600
Listing Snapshot
Days Online
14
Last Updated
Property Type
Other
Beds
12
Square Ft.
9,884
Lot Size
0.34 Acres
Year Built
1937
MLS Number
26672285
30 Days Snapshot Of 90046
$1.53M
-26%
(avg) sold price
18
-33%
homes sold
88
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Gas, Gas Dryer Hookup, Ceiling Fan, Stackable W/D Hookup
Building
9,884 sq ft, Built in 1937, Levels: Two, French Normandy
Cooling
Wall/Window
Disclosures
As Is, Rent Control
Fireplaces
Decorative
Floors
Hardwood, Tile, Vinyl Tile
Garage
Covered Parking, Garage - 4+ Car, Gated, Driveway
Water Features
Water: Public
Heating
Gravity
Interior Features
Crown Moldings
Kitchen
Tile Counters
Laundry
In Unit, Inside
Lot
LotAcreage: 0.3352, LotSizeArea: 14,601, Corner Lot
Miscellaneous
None
Parking
TotalParking: 10
Pool
PoolYN: False, None
Property
EntryLocation: Foyer, LandLeaseType: Fee, NumberOfUnits: 8, OtherStructures: Other, ViewDescription: Hills, City, ViewYN: 1, Zoning: LAR3
Roof
Asphalt, Rolled/Hot Mop
Sewer
In Street Paid
Spa
Has spa, None
Utilities
Gas
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