• 4 beds
  • 2.00 baths
  • 2,476 sq.ft.
  • 6,750 sq.ft. lot
offered at $1,225,000
Status: Active // Property Type: Duplex
County: Los Angeles // Year Built: 1923

Property Description

This Duplex situated on a large 6,750 square foot lot. This property is nestled between the Sunset/ Vermont and Santa Monica Metro Station, next to Barnsdall Park. The monthly income is currently $3,530 and the rent is equal to $1.43 per sq. ft. on the building, which is well below market rents for this high demand area. However, this building is under rent stabilization which requires relocation fees for an Owner-User or Developer looking to reposition the building for their own intentions. The subject property is well maintained and layout divides the building right down the middle. It has a spacious 2 car garage which is being used for storage. If a Developer builds up to 9 units or an Owner-User could occupy it as their personal residence, this property is highly sought after in a sub-market with limited inventory and very well located.

Listing Courtesy of Jay Martinez, Hudson Commercial Partners, In

Exterior Features

Exterior Features: Urban
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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