Step into this exceptional investment opportunity or owner-occupant dream! This fully updated 4-plex features two duplexes housed in separate buildings, thoughtfully designed around a common area courtyard. With strong market rents, incredible tenants in place, and junior ADU architectural drawings and structural calculations already completed, this property offers turnkey ease… Read More and endless potential. Each of the four units has been fully modernized with updated kitchens and bathrooms, fresh interior flooring, and stylish new light fixtures. The exterior of both buildings shine with fresh paint, and the landscaped grounds enhance curb appeal. Every unit comes equipped with convenient in-unit amenities, including washer/dryers, refrigerators, dishwashers, and oven/ranges ensuring tenant satisfaction at every turn. Nestled at the gateway of Franklin Hills, this property is ideally located to enjoy the best of Los Angeles' vibrant culture while offering a serene community feel. Minutes from iconic destinations like Sunset Junction, Mendocino Farms, Lyric Cafe, and located within a top-tier school district. This property is perfect for owner occupied, tenants, and investors alike. Whether you're seeking reliable income or looking to generate passive income, this is your chance to own a piece of Franklin Hills' unique charm! One unit may be offered vacant. Read Less
Property listed by Coldwell Banker Realty, Dunia Handy Gill 626-584-0050
Listing Snapshot
Days Online
78
Last Updated
Property Type
Other
Beds
10
Square Ft.
3,221
Lot Size
0.16 Acres
Year Built
1922
MLS Number
25510339
30 Days Snapshot Of 90027
$1.97M
-19%
(avg) sold price
13
-40%
homes sold
64
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator, Dryer, Washer
Building
Built in 1922, Building area total: 3,221, Levels: Two, Living area: 3221, 2 stories, 2 buildings, Architectural style: Craftsman
Community
Gated
Cooling
WallWindowUnits
Floors
Laminate, Tile
Garage
1 space
Heating
NaturalGas, WallFurnace
Income
Gross income: $168,000, Net operating income: $162,682
Interior Features
CeilingFans
Lot
0.1558 acres, 6,785 square feet, Size: 6,785
Parking
3 open parking spaces, 4 totals parking, Assigned, Driveway
Property
Zoning: LAR2
Security Features
GatedCommunity
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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