Listing IDOC23033020
Price$1,900,000
Price/SqFt$437.18
StatusActive
SqFt
4,346
Acres
0.137
CountyLos Angeles
Year Built1924
Property TypeResidential Income
Property Sub TypeQuadruplex
Light & Bright old Hollywood Fourplex located in the heart of Hancock Park! This rare two story building boasts 3 expansive one
bedroom units and the 4th unit is Two bedroom, with high ceilings, hardwood floors and original details.Close to the dining and shopping of Larchmont Village and Melrose. This building also has 4 detached garages which could be converted to ADU's or added onto. This is a great opportunity. First time on the market . Won't last long!!!
County
Los Angeles
Price Reduction Date
2023-05-16T02:41:48+00:00
Price/SqFt
437.18
Property Sub Type
Quadruplex
Property Type
Residential Income
Year Built
1924
Zoning
LAR3
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area Units
Square Feet
Average Studio Area Units
Square Feet
Building Area Units
Square Feet
Common Walls
No Common Walls
Garage Spaces
4
Laundry
yes
Laundry Features
Inside
Lot Features
0-1 Unit/Acre
Lot Size Area
5946
Lot Size Source
Assessor
Lot Size Square Feet
5946
Number Of Buildings
1
Parking Total
4
Pool Features
None
Private Pool
no
Property Attached
no
Sewer
Public Sewer
Water Source
Public
Country
US
Elevation Units
Feet
MLS Area Major
C18 - Hancock Park-Wilshire
Additional Parcels
no
Association
no
Community Features
Sidewalks
Days On Market
352
List Agent State License
01848742
List Office State License
02135853
Lot Size Units
Square Feet
New Construction
no
Number Of Rented Garages
4
Number Of Separate Electric Meters
4
Number Of Separate Gas Meters
3
Number Of Separate Water Meters
1
Number Of Units Leased
1
Number Of Units Total
4
Parcel Number
5523023015
Senior Community
no
Year Built Source
Public Records
Cap Rate
7.6
Gross Multiplier
7.6
Gross Scheduled Income
180000
Insurance Expense
1000
Land Lease
no
Net Operating Income
168000
Operating Expense
12000
Price Per Unit
475000
Rent Control
yes
Special Listing Conditions
Standard
Tax Census Tract
1924.10
Tax Lot
16
Tax Tract Number
4738
Total Expenses
12000
Trash Expense
1000
© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any correspondence from IDX pages are routed to Telford Real Estate Inc or one of their associates. Last updated Thursday, April 18th, 2024.
Based on information from CARETS as of Thursday, April 18th, 2024 05:14:20 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information from CARETS as of Thursday, April 18th, 2024 05:14:20 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Contact - Listing ID OC23033020
Nancy Telford
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