Tucked away from the street in historic Beachwood Canyon, nestled below the iconic Hollywood sign, lies a 4-unit Craftsman-style compound consisting of a triplex and a detached bungalow. Situated on an expansive private lot, each generously sized unit retains old-world charm while offering the modern amenities of today's living. A commanding front triplex offers alluring curb appeal, while the secluded vacant bungalow offers an investor the opportunity to achieve market rent immediately or a rare opportunity for an owner-user to maintain their own private space while the occupied units help offset a mortgage. Upgrades over the years include renovated kitchens and bathrooms, plus the addition of central HVAC. Tenants of the community enjoy shared and private outdoor spaces, garage parking and W/D hookups. This rare offering is located within close proximity to Franklin Village, offering an array of shops and dining for tenants and owner-users. Fully occupied, the property generates $180,000/year, offering an excellent investment opportunity in one of Los Angeles' most prized locations.
Additional Features
- Central
- Two
- Parking spaces: 4.00
- Listing Status: Active
- Listing Agent: Benjamin Kahle
(lic# 01951554)
of Beverly Hills/Greater LA
- Listing Office: Compass
(lic# 01991628)
- CO-Listing Agent: James Harm
(lic# 01909659)
of Beverly Hills/Greater LA
- CO-Listing Office: Compass
(lic# 01991628)
-
Based on information from CRISNet MLS as of 26th November 2024 at 10:51pm. 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.