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Two proven income properties - ready for your next smart move. Secure your future with two spacious 3-bed, 2-bath condos (Units 201 & 301) in a gated Laurel Canyon community with elevator access, pool, community laundry, and secure garage parking. Each unit offers approx. 1,182 sq ft of open living space with bright interiors, large bedrooms, and private balconies. Unit 301 has had the same excellent tenant since May 2018, paying $3,252/month, and Unit 201 has been leased to responsible tenants since August 2024, paying $3,664/month. Both tenants pay on time and maintain their homes beautifully. Built in 1989 and ideally located near the 118 freeway, schools, shops, and dining, these units provide steady income, low turnover, and long-term appreciation potential. Buyers may preview identical, vacant Unit 101 to view the layout and finishes before submitting offers. Both units must close concurrently as the seller intends to complete a 1031 exchange.
Property Type(s):
Condo/Townhouse/Co-Op
| Last Updated | 10/22/2025 | Year Built | 1989 |
|---|---|---|---|
| Community | MHL - Mission Hills | County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Vented Exhaust Fan |
| AREA | MHL - Mission Hills |
| HEAT | Central, Electric |
| HOA DUES | 635.9|Monthly |
| INTERIOR | Ceiling Fan(s), Walk-In Closet(s) |
| LOT | 1.0241 acre(s) |
| PARKING | Assigned, Covered, Community Structure |
| POOL DESCRIPTION | Community, Fenced, In Ground, Association |
| SEWER | Other |
| STORIES | Split/Multi Level |
| STYLE | MidCenturyModern |
| VIEW | Yes |
| WATER | Public |
Location
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Listed with Century 21 Hollywood
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