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Located just blocks from Beverly Hills, West Hollywood, La Cienega Park, and LACMA, this well-maintained 4-unit property offers the perfect blend of investment potential and owner-user appeal. One of the two-bedroom units is currently vacant, presenting an incredible opportunity for a buyer to move in and enjoy the benefits of homeownership while generating passive income from the other three rented unitsessentially having tenants help cover the mortgage. If you're an investor, you have the flexibility to lease the vacant unit to a tenant of your choice and maximize rental income. For investors seeking additional upside, the rear of the property may offer potential for ADU development, creating an opportunity to increase rental income and enhance the property's overall value.The property features three (3) updated two-bedroom/one-bath units and one (1) one-bedroom/one-bath unit. The remodeled two-bedroom units boast new flooring, modern kitchens, stylish bathrooms, and recessed lighting.Ideally situated between Beverly Hills and Carthay Circle, this vibrant neighborhood is known for its energy, walkability, and access to some of LA's best dining, shopping, and entertainment. Just minutes from the hottest restaurants in West Hollywood and luxury retail in Beverly Hills, this is an excellent first home purchase with built-in rental income or a strong long-term investment opportunity.Don't miss this rare chance to own in a prime location with multiple income-generating possibilities!
Property Type(s):
Residential Income
| Last Updated | 1/31/2025 | Year Built | 1924 |
|---|---|---|---|
| Community | Beverly Center-Miracle Mile | County | Los Angeles |
Price History
| Prior to Jan 31, '25 | $2,295,000 |
|---|---|
| Jan 31, '25 - Today | $2,195,000 |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Disposal, Refrigerator |
| AREA | Beverly Center-Miracle Mile |
| GARAGE | Assigned, Covered |
| HEAT | Wall Furnace |
| LOT | 5228 sq ft |
| LOT DESCRIPTION | Front Yard |
| PARKING | Assigned,Covered |
| STORIES | 2 |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
| ZONING | LAR3 |
Location
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Listed with Douglas Elliman of California, Inc.
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.
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