Property listed by Equity Union, Troy Lucero Jr. 818-989-2000
$1,500,000
SINGLE FAMILY HOME DETAILS: The first floor provides a comfortable 3-bedroom unit, boasting a generously sized kitchen ideal for entertaining. The second floor features a spacious 2-bedroom unit, complete with a dedicated office space, perfect for remote work or a creative studio, and a large private balcony overlooking Lockwood Avenue.… Read More Adding to the property's immense value, is an above-grade basement, currently vacant and presenting a blank canvas for an investor. With its own kitchen, bathroom, and bedrooms, this space mirrors a similar footprint of the main house. Its existing windows and separate access door may create a clear path to legalizing an additional dwelling unit (buyer to verify), significantly increasing rental income or pro viding flexibility with the living arrangements. ONE BEDROOM UNIT DETAILS: All the 1 Bedroom / 1 Bath units have well-designed floor plans, with large open kitchens and large living areas, bathrooms and bedrooms. Upstairs units have views of Hollywood and Western Los Angeles through large windows in the main living areas. Each unit also has an individual water heater and wall heater. All units are separately metered for electricity and gas, and the landlord pays for water and trash. Laundry is provided on site in a separate room. The tuck under parking area provides 5 parking spaces and there are two additional surface spaces between the single-family home and the apartment buildings. The soft story retrofit requirement has also been completed on the apartment building. Read Less
Listing Snapshot
Days Online
254
Last Updated
Beds
18
Square Ft.
5,521
Lot Size
0.21 Acres
Year Built
1960
MLS Number
25563287
Additional Details
Building
Built in 1960, Living area: 5521.0, 2 buildings, 2 stories, Levels: MultiSplit
Cooling
None
Heating
None
Income
Gross Income: $137,091, Net Operating Income: $80,827
Lot
0.2135 acres
Parking
7 total parking spaces, Assigned
Taxes
Parcel Number: 5539009003, Zoning: LARD1.5
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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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