Rare offering in the heart of Los Feliz strong rental market to acquire a value-add 16 units. Great unit mix of 2bed 2 bath and 1 bed. 16 parking. Several ADU Opportunities via SB 1211 to increase income. 50% of the units have good upside in rental through interior renovation.… Read More Stabilized metrics pencil at a 7% CAP. All Units have large bedrooms, living area and natural light. Beautifully maintained mid-century 2 stories courtyard building centered around a sparkling in-ground pool. A few blocks away from Los Feliz Village, Starbucks Reserve, Alcove, Figaro, and all the shopping Los Feliz has to offer. Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Beds
27
Square Ft.
13,982
Lot Size
0.43 Acres
Year Built
1961
MLS Number
25583881
30 Days Snapshot Of 90027
$1.57M
-35%
(avg) sold price
16
+14%
homes sold
67
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator
Building
Built in 1961, Building area total: 13,982, Levels: MultiSplit, Living area: 13982, 1 building, Architectural style: MidCenturyModern, Attached, Common walls: OneCommonWall
Cooling
WallWindowUnits
Income
Gross income: $405,600, Net operating income: $238,745
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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