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Key Details
Sold Price $1,615,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD22181087
Sold Date 09/16/22
Bedrooms 1
HOA Y/N No
Lot Size 4,394 Sqft
Property Description
AMAZING 4-PLEX INCOME OPPORTUNITY IN THE HEART OF HIGHLAND PARK. ALL UNITS VACANT AND READY FOR IMMEDIATE OCCUPANCY! A unique California beauty with classic Spanish and Mediterranean overtones with over 2800 square feet of total living space. The front 2-story building contains 1747 sq ft, and the rear 2-story has 1014 sq ft, plus a fully equipped laundry room of approximately 70 sq ft. Each special residence has been totally remodeled and upgraded. There are 2 sun-dappled buildings, a total of 4 residential income units with a shady central courtyard. Each building has access to dazzling flower filled private spaces for morning coffee, hosting friends or just lounging in a beautiful space. The front building consists of 2 uniquely designed 1 bedroom updated modern residences which were crafted with an eye toward individual identity and retaining its vintage character. Each has a separate laundry room, top of the line appliances, and central, or mini-split air conditioning and heating, along with original hardwood floors throughout. Each residence has its own working fireplace. The rear building consists of a very updated and private cottage apartment on the second floor with gleaming original hardwood floors, stainless steel appliances and central heat and air-conditioning. The lower rear unit is a brand new ADU with luxury vinyl plank flooring, and large sliding doors opening to the courtyard. The rear units share their own large on-site laundry room at the rear of the building. These are quality built, completely remodeled units with attention to every detail The electri
AMAZING 4-PLEX INCOME OPPORTUNITY IN THE HEART OF HIGHLAND PARK. ALL UNITS VACANT AND READY FOR IMMEDIATE OCCUPANCY! A unique California beauty with classic Spanish and Mediterranean overtones with over 2800 square feet of total living space. The front 2-story building contains 1747 sq ft, and the rear 2-story has 1014 sq ft, plus a fully equipped laundry room of approximately 70 sq ft. Each special residence has been totally remodeled and upgraded. There are 2 sun-dappled buildings, a total of 4 residential income units with a shady central courtyard. Each building has access to dazzling flower filled private spaces for morning coffee, hosting friends or just lounging in a beautiful space. The front building consists of 2 uniquely designed 1 bedroom updated modern residences which were crafted with an eye toward individual identity and retaining its vintage character. Each has a separate laundry room, top of the line appliances, and central, or mini-split air conditioning and heating, along with original hardwood floors throughout. Each residence has its own working fireplace. The rear building consists of a very updated and private cottage apartment on the second floor with gleaming original hardwood floors, stainless steel appliances and central heat and air-conditioning. The lower rear unit is a brand new ADU with luxury vinyl plank flooring, and large sliding doors opening to the courtyard. The rear units share their own large on-site laundry room at the rear of the building. These are quality built, completely remodeled units with attention to every detail The electrical and plumbing systems are totally upgraded. The Southwest cactus garden has been planned for minimum owner maintenance and care. The property is conveniently located near DTLA, Pasadena, with easy access to freeways, the Metro Gold Line, and all the restaurants, bars, coffee shops, nightlife and vibrant urban life that Highland Park offers. This is move-in ready for all new tenants of your choosing, or for an owner resident with additional income from the other rentals. A superb investment opportunity for a discriminating buyer for investment or pleasurable living
Location
State CA
County Los Angeles
Area Los Angeles (90042)
Zoning Assessor
Interior
Cooling Central Forced Air
Appliance Fireplace, Forced Air Unit
Exterior
Exterior Feature Stucco
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Sewer Sewer Connected
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $10,100
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Jessica Kao • Realty Masters & Associates
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "