Request More Info
Schedule a Showing
Share
Print
|
Tucked away in the desirable Los Feliz neighborhood, this immaculate 4-unit property at 1570 Myra Ave. is brimming with pride of ownership! With the original Spanish-style duplex built in the 1920s fully renovated, and the two Shipping Container Accessory Dwelling Units finished in 2023, this property features strong tenants and short-term-rental income. Set on a comfortable, beautifully landscaped corner lot, the property saw extensive renovations in 2023, creating a modern vibe that perfectly complements the area. The unit-mix includes two stylish 3 bedroom, 1 bath, along with two 207 SF, 1 bedroom, 1 bath ADUs, plus loft and Deck areas, all thoughtfully designed with high-end finishes, in-unit laundry, large windows and a great attention to detail. Each unit boasts large private patios, with the ADUs also having decks above the living area. The original Duplex is rented at $4,250 per unit, while the ADUs, not being subject to RSO, are commanding lucrative short-term rentsor rent long-term to simplify thingsor move-in, with no need to relocate tenants. The garage is rented separately at $500 per month. Purchase the property to move in and obtain beneficial residential financing! Or rely on the solid CAP and the potential for strong appreciation! Located within walking distance to Los Feliz's and Silver Lake's best restaurants, bars, and shops, 1570 Myra Ave. delivers a blend of urban convenience and residential tranquility perfect for the young professionals as well as growing families! The property is individually metered for gas and electric and features water sub-meters, ready for tenants to cover all utilities. Situated on a quiet street near Sunset Junction, the property offers a serene yet accessible lifestyle. The ADUs, constructed from eco-friendly Shipping Containers, are tailored for the modern, artistic tenant common in Los Feliz and the rest of the Eastside. With the design that brings the outside in, by way of large and bright windows and generous outdoor space, including with access by spiral staircases to the roof decks, these residences don't tend to stay vacant for long. With its central location and captivating design, this property is a sound investment with steady appreciation potential in the thriving LA real estate market.
Property Type(s):
Residential Income
| Last Updated | 11/25/2024 | Year Built | 1925 |
|---|---|---|---|
| Community | Los Feliz | County | Los Angeles |
Additional Details
| AREA | Los Feliz |
|---|---|
| GARAGE | Door-Multi, Garage, Yes |
| LOT | 5915 sq ft |
| LOT DIMENSIONS | 131x45 |
| PARKING | Door-Multi,Garage |
| STORIES | 1 |
| ZONING | R1-1 |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with Keller Williams Beverly Hills
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.
Twitter
Facebook
Email