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MAJOR PRICE REDUCTION -SELLER MOTIVATED! Located in the desirable Windsor Village/Hancock Park neighborhood which is renowned for its rich history and architectural charm, making this prime location! ~This Spanish-Style Duplex on a beautiful Tree-Lined Street, offers a fantastic opportunity for owner-users and investors alike ~ Zoned R2-HPOZ ~The property features two side-by-side identical units, each with 1- bedrooms, 1-bath. However, both units feature an additional room one currently being used as a sleeping area and the other is currently used as a children's play area, providing extra flexibility for occupants. Additionally, each unit includes an extra bathroom, offering added convenience. Private security gated entry for each unit ~INTERIOR FEATURES: Updated kitchens, bathrooms, flooring, and newer windows ~Spacious kitchens with washer & dryer hookups in both units ~EXTERIOR FEATURES: Unit #936 has a private long/narrow side yard ~Unit #938 has access to a long shared driveway with ample parking ~Detached Storage room, offers potential use for an ADU conversation. INVESTMENT & OWNER-USER POTENTIAL: Both units are currently rented below market value, presenting an immediate rental upside income with rent adjustments to current market rates ~Value-add opportunity through renovations and rental adjustments for increased long-term returns ~Seller may offer a CLOSING COST CREDIT INCENTIVE to assist with non-recurring closing cost expenses, potentially reducing the buyer's upfront costs, as BUYER'S MAY BE MORE INCLINED TO PROCEED WITH A DEAL THAT OFFERS SOME FINANCIAL RELIEF! PRIME LOCATION: Walking distance to parks, restaurants, and centrally located to LA's finest. Property is being sold in its present "AS-IS" condition and to be delivered with the tenants in place. Buyer to verify all information, including permits and zoning. Information deemed reliable but not guaranteed. PLEASE NOTE: DRIVE-BY ONLY, please do not disturb tenants. To respect the privacy of current occupants, property viewings will be scheduled only after an offer has been accepted. All offers to include a viewing contingency to ensure buyer satisfaction. We appreciate your understanding.
Property Type(s):
Residential Income
| Last Updated | 4/2/2025 | Year Built | 1922 |
|---|---|---|---|
| Community | Hancock Park-Wilshire | County | Los Angeles |
Price History
| Prior to Apr 2, '25 | $1,395,000 |
|---|---|
| Apr 2, '25 - Today | $1,275,000 |
Additional Details
| AIR | None |
|---|---|
| AREA | Hancock Park-Wilshire |
| GARAGE | Shared Driveway, Uncovered |
| HEAT | None |
| LOT | 6013 sq ft |
| PARKING | Shared Driveway,Uncovered |
| STORIES | 1 |
| STYLE | Spanish |
| VIEW | Yes |
| ZONING | LAR2 |
Location
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Listed with Keller Williams Larchmont
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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