7 bedroom house for sale
Los Angeles CA 90027
- Property Type
- House
- Price
- $9,500,000
- Beds
- 7
- Baths
- 31
Overview
This exquisite 32-unit residential income property stands out with gorgeous French Normandy design and ornate, architectural detailsThis exquisite 32-unit residential income property stands out with gorgeous French Normandy design and ornate, architectural details. Located along Vermont, just below the hills of Los Feliz, the Griffith Observatory and just blocks from Los Feliz Village- this location couldn't be better. The property features 32 units, consisting of 8 beautiful (1 bedroom, view units with French windows) including a non-conforming, owner's unit with a fireplace and 24 charming studios (separate kitchens, dining areas and walk-in closets, which gives them more of a spacious feel). Each unit has charming details offering arched doors and doorways and beamed ceilings. The total building size is 22, 582 square feet per assessor. Los Feliz is a vibrant and exciting place to live with amazing cafes, restaurants, nightlife, world famous architecture and lots of hiking for outdoor enthusiasts. Centrally located close to Silver Lake, Hollywood and Downtown LA. Owning this incredible piece of history would be a once in a lifetime opportunity! Seller will consider a partial trade. Almost always 100% occupied, the owner has indicated that there is consistently a waiting-list to get into the building. Vacancies have historically been filled through word-of-mouth. The views, character and charm of the units, elevator, large laundry room and the current owner's maintenance record, make this a most attractive building for tenants. Anticipated upside of the rents is approximately 35-40% of current rents.
Details
- Beds: 7
- Baths: 31
- Price: $9,500,000
- Reference No.: 69275126
- Area: 22,582 sqft
Location
Los Angeles CA 90027
7 bedroom house for saleRelated Properties
Disclaimer
2024-03-20, Viewed 0 times.
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-03-20, Viewed 0 times.
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