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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 2 bedrooms, 1.75 baths, and private security gated entry for each unit ~INTERIOR FEATURES: Upgraded kitchens, bathrooms, flooring, and some windows, plumbing and electrical ~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 two-car garage, previously used as a studio rental, offers potential for ADU conversation. INVESTMENT & OWNER-USER POTENTIAL: Both units are currently rented well below market value, presenting an immediate upside of potentially $2,000 + per month of 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 everything LA has to offer. Property is being sold in its present "AS-IS" condition and to be delivered with 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.
Last Updated | 3/14/2025 | Year Built | 1922 |
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Community | Hancock Park-Wilshire | County | Los Angeles |
Additional Details
AIR | None |
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AREA | Hancock Park-Wilshire |
GARAGE | Door-Multi, Garage, Yes |
HEAT | None |
LOT | 6013 sq ft |
PARKING | Door-Multi,Garage |
STORIES | 1 |
STYLE | Spanish |
VIEW | Yes |
ZONING | LAR2 |
Location
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