Property Description

Looking for a rare investment that blends timeless elegance with income-generating value in a prime location? On the market for the first time in almost 70 years, this 1926 fourplex, lovingly known as Price Gardens, is a true gem of Mediterranean Revival architecture in a location that simply cannot be beat. It's just around the corner from all that Hillhurst Avenue has to offer: beloved cafes, boutiques, neighborhood shops, and the vibrant heart of Los Feliz. Each of the four residences feels like its own private retreat. Three of the units feature two bedrooms and one bath, while the fourth offers two bedrooms and two baths. Inside, gleaming floors stretch beneath your feet as natural light pours through the windows, illuminating charming details like coved ceilings, graceful archways, a statement mantelpiece, and built-in shelving. A locked foyer at the entry adds a layer of privacy and security. Striking light fixtures and period design elements give each home a unique, cinematic personality that nods to Old Hollywood. Each unit includes its own laundry room and a tankless water heater, offering modern convenience within a classic setting. Outside, each residence comes with a one-car garage with electricity and an additional off-street parking space. The shared organic garden is a thriving permaculture haven, offering fruit trees, herbs, and vegetables just outside your door. Recent upgrades include new roofs on both the main building and garages. A spacious storage area attached to the garage adds even more flexibility for owners. Water is paid by the owner, while tenants are responsible for their own gas and electricity. Located near Griffith Park and popular neighborhood spots like Maru Coffee, Alcove, All Time, and Little Dom's, and within the sought-after Franklin Elementary district, Price Gardens presents an investment opportunity filled with character, beauty, and lasting value. This is your chance to own a timeless property that hasn't been available in nearly seven decades.

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