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This property is situated in one of Los Angeles' most desirable rental markets, just minutes from Beverly Hills, West Hollywood, and Cedars-Sinai Medical Center. Its prime location attracts high-income tenants seeking a vibrant, walkable lifestyle, with easy access to major job hubs such as Century City, Hollywood, and the Miracle Mile home to leading media, entertainment, and tech companies. Offering a mix of spacious units, the property includes a vacant two-bedroom, two-bath unit with in-unit laundry and a private yard, making it ideal for an owner-occupier. Additionally, three one-bedroom, one-bath units feature generous layouts with a combination of laminate and tile flooring, catering to both renters and investors alike. Beyond its unbeatable location, the property offers privacy and outdoor space with a secluded front and side yard shaded by mature trees an appealing feature in the heart of the city. Significant value-add potential exists, as current rents average $1,700 per month for the unrenovated units, with projections reaching $2,500-$3,000 per month after upgrades. Two separate two-car garages provide secure parking and potential for ADU conversion, creating additional income opportunities.
Property Type(s):
Residential Income
| Last Updated | 2/21/2025 | Year Built | 1939 |
|---|---|---|---|
| Community | Beverly Center-Miracle Mile | Garage Spaces | 4.0 |
| County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Microwave, Refrigerator, Washer |
| AREA | Beverly Center-Miracle Mile |
| CONSTRUCTION | Stucco |
| GARAGE | Garage, Yes |
| HEAT | None |
| LOT | 6140 sq ft |
| PARKING | Garage |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| ZONING | RD1.5-1-O |
Location
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Listed with Marcus & Millichap
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