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Listed by Sara Magpapian • Coldwell Banker Hallmark
$ 2,995,000
Est. payment | /mo
6,620 SqFt
$ 2,995,000
Est. payment | /mo
6,620 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,620 sqft
Price per Sqft $452
MLS Listing ID CRGD25088638
HOA Y/N No
Year Built 1959
Lot Size 6,832 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
Prime Los Feliz 9-Unit Investment Opportunity with ADU & Capital Improvements. Exceptional multifamily property located in highly desirable Los Feliz area. This well-maintained 9-unit building includes a strong unit mix consisting of 6 x 1-bedroom/1-bath, 1 x 2-bedroom/2-bath, 1 studio, and 1 ADU 1bedroom and 1 bath, with a private terrace. Each unit enjoys separate utility meters and one on-site parking space. Lot of notable features and upgrades. Significant capital improvements completed. Copper plumbing throughout. LA seismic retrofit mandate satisfied, newer roof, On-site laundry facilities. Strong in-place tenancy with long-term residents. The property is situated in a prime employment hub, surrounded by a wide range of industries, offering strong rental demand and potential upside. The excellent unit mix appeals to a broad tenant base. Don't miss this rare opportunity.
Location
State CA
County Los Angeles
Interior
Heating Forced Air
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Laundry Other
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Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745