$2,695,000
Los Angeles, CA 90019
12
Beds
8
Baths
7,468
Sq. Ft.
1948
Year Built
Los Angeles
County
ResidentialIncome
Property Type
6u +1 ADU (RT) Miracle Mile. "Beverly Hills quality, LA pricing. "And Plans and Permits for a 3/2 ADU without losing any parking! A lovingly rehabbed 6 units (+1 ADU RTI) between Miracle Mile and Oxford Square. The owner has self-managed and her hands-on approach shows throughout. In addition to updating the facade and landscaping, the Seller extensively and tastefully rehabbed 4 of the 6 units (stone surfaces, new fixtures floors, cabinetry & crown molding). Also she has installed new HVAC units, put in dual-pane windows and installed NEW electrical meters and subpanels - a must in today's turbulent insurance climate. Lastly, the Seller is waaaay down the road with the City - having obtained full approval and permits (RTI) for a large, 1,200 sq. ft. 3 Bed/2 Bath unit above the existing detached garages - 90% of ADU additions, around town, mean you lose parking...not here. All the hassle, expenses and application/approval red tape are already handled. Building this ADU unit out will INCREASE your monthly gross rental income by 25%.The subject property is a "Beauty" that a Buyer can grow with, literally...rehabbing the remaining two units and building out the ADU. Across the street from Queen Anne Park and Recreation Center - a 'go to' for the neighborhood - meeting area, gym, playgrounds, picnic tables, soccer fields, baseball diamond and tennis courts. EXCLUSIVELY LISTED at $2,695,000
$14,344/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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