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Rare offering in the heart of Los Feliz strong rental market to acquire a value-add 16 units. Great unit mix of 2bed 2 bath and 1 bed. 16 parking. Several ADU Opportunities via SB 1211 to increase income. 50% of the units have good upside in rental through interior renovation. Stabilized metrics pencil at a 7% CAP. All Units have large bedrooms, living area and natural light. Beautifully maintained mid-century 2 stories courtyard building centered around a sparkling in-ground pool. A few blocks away from Los Feliz Village, Starbucks Reserve, Alcove, Figaro, and all the shopping Los Feliz has to offer.
Property Type(s):
Residential Income
| Last Updated | 9/3/2025 | Year Built | 1961 |
|---|---|---|---|
| Community | 637 - Los Feliz | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Refrigerator |
| AREA | 637 - Los Feliz |
| GARAGE | Attached Garage |
| LOT | 0.4295 acre(s) |
| PARKING | Attached, Attached Carport, Detached Carport |
| STORIES | Split/Multi Level |
| STYLE | MidCenturyModern |
Location
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Listed with Keller Williams Studio City
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