Property listed by The Shelhamer Real Estate Group, Glenn Shelhamer 310-913-9477
$1,150,000
First time on the market in 37 years. Owner-users this is your move. Two units delivered vacant. Bring your suitcases, your furniture, and you're in, with built-in income from day one. Investors 6% CAP, 12.17% GRM. Two of the best units vacant so you can hit market rents… Read More immediately and start optimizing the asset right out of the gate. Well-positioned Hollywood triplex with a clean, functional layout: two large 2-bed, 1.5-bath units (up and down) plus a separate 1-bed, 1-bath above the garage. Upper 2-bed and garage unit delivered vacant. Four-car garage in the rear with strong ADU potential clear path to a four-unit property (buyer to verify). Large private yard, mature landscaping, real space that tenants actually feel. Major systems already handled copper plumbing, newer sewer line, recently built redwood/deckwood staircase. No heavy lifting, just upside.Melrose Hill location right between Larchmont, Silver Lake, Los Feliz, and Koreatown. Walkable, rentable, desirable.Clean asset. Vacancy. Upside. Location. Read Less
Listing Snapshot
Days Online
0
Last Updated
Beds
4
Square Ft.
3,178
Lot Size
0.14 Acres
Year Built
1956
MLS Number
26671913
Additional Details
Building
Built in 1956, Living area: 3178.0, 2 buildings, Levels: Two
Cooling
None
Garage
4 spaces
Heating
ForcedAir, NaturalGas
Income
Gross Income: $90,000, Net Operating Income: $64,701
Interior Features
CeilingFans
Lot
0.1379 acres
Parking
4 open parking spaces, 8 total parking spaces, Covered, DoorMulti, DoorSingle, Garage, Guest, Paved, OneSpace
Taxes
Parcel Number: 5535024011, 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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