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$1,649,000

Est. payment - /mo

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3 BD

4 BA

2,539 SqFt

Active

6326 Longview AVE Los Angeles, CA 90068

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

09/30/2024 05:43 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,539 sqft

Price per Sqft $649

MLS Listing ID 24434007

Bedrooms 3

HOA Y/N No

Year Built 1940

Lot Size 8,951 Sqft

Property Description

The rarity to own property within the iconic Hollywood Dell neighborhood paired with the long-term security & flexibility of both a premium duplex & sizable lot presents a strong, Los Angeles investment opportunity. The main structure is an updated duplex with both units occupied and near market rents. The upper unit is est. 1,000 sf and rented at $5,150/month - features 2 bedrooms, 2 bathrooms, living area with fireplace, separate dining room, kitchen, gated front yard & rear balcony with city views. The lower unit is est. 1,150 sf and rented at $4,263/month - features 1 bedroom, 1 large den, 2 bathrooms, living area with fireplace, enclosed porch, kitchen and private patio. The property offers abundant shared outdoor space for residents and an additional detached recreation room est. 407 sf (has Certificate of Occupancy) with 0.5 bathroom. Current annual Gross Operating Income is $113,234, Expenses are $35,914, and Net Operating Income is $77,320. The in-place cap rate is 4.69%. Square footage is estimated - buyer to verify.

Location

State CA

County Los Angeles

Area C30 - Hollywood Hills East

Zoning LAR2

Rooms

Ensuite Laundry Common Area, Laundry Room

Interior

Laundry Location Common Area,Laundry Room

Heating Central

Cooling Central Air

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Gas Cooktop, Microwave, Refrigerator, Dryer, Washer

Laundry Common Area, Laundry Room

Exterior

Garage Detached Carport, Driveway

Carport Spaces 2

Pool None

View Y/N Yes

View City Lights

Porch Rear Porch, Front Porch, Glass Enclosed, Porch

Parking Type Detached Carport, Driveway

Attached Garage No

Total Parking Spaces 2

Private Pool No

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5576019047

Special Listing Condition Standard

Listed by Jorgi Paul • Pellego, Inc.

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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