$1,927,500
$2,095,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
4,106 SqFt
SOLD DATE : 11/20/2024
Key Details
Sold Price $1,927,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,106 sqft
Price per Sqft $469
MLS Listing ID 24408875
Sold Date 11/20/24
Bedrooms 8
HOA Y/N No
Year Built 1928
Lot Size 6,886 Sqft
Property Description
Charming Spanish fourplex in the desirable Beverly Center/ Miracle mile area. The building consists of four two bedroom, one bath apartments. One unit delivered vacant. Private garages for each unit. Numerous upgrades to all units while keeping the character and charm with arched ceilings and great layouts. Hard wood floors, Laundry in all units, individually metered, Granite counters and stainless steel appliances remodeled units with potential to increase income to $156,000. Current Net Income $101,664 with CAP of 4.8 and GRM of 15. Great owner user or Impressive Investor rental in highly desirable area 2 minutes to LACMA and 7 to drive to Beverly Hills.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR3
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Dishwasher, Microwave
Exterior
Parking Features Garage, Private
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5068023003
Special Listing Condition Standard
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Bought with Amy Gandel • Pinnacle Estate Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "