$1,300,000
$1,199,000
8.4%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
2,907 SqFt
SOLD DATE : 09/10/2024
Key Details
Sold Price $1,300,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,907 sqft
Price per Sqft $447
MLS Listing ID 24413245
Sold Date 09/10/24
Bedrooms 5
HOA Y/N No
Year Built 1921
Lot Size 5,614 Sqft
Property Description
Great Opportunity to enter into ownership of an income property in a high demand neighborhood. A complete analysis of SOLD Triplexes for the last 6 months in Los Feliz shows that the lowest sold comparable (similar sq ft and lot size) recorded for substantially more than the list price of this of this property. Sought after area with immediate access to Hillhurst shopping and eateries and an easy stroll to the buzz of activity on Vermont Ave. Light and airy interior with dedicated garage parking in back of units. One unit has bonus area to be used as office or craft room. A quick ambling distance to the recreation of Griffith Park and the main thoroughfare of Los Feliz Blvd. Potential for a hard asset in a locale where inventory is consistently low and the demand for available leases increases significantly year to year.
Location
State CA
County Los Angeles
Area 637 - Los Feliz
Zoning LARD1.5
Interior
Interior Features Beamed Ceilings
Heating Central
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Appliance Disposal, Oven, Range
Laundry See Remarks
Exterior
Garage Concrete, Covered, Door-Multi, Driveway, Garage
Pool None
Roof Type Composition
Parking Type Concrete, Covered, Door-Multi, Driveway, Garage
Attached Garage No
Total Parking Spaces 3
Private Pool No
Building
Faces South
Entry Level One
Sewer Other
Architectural Style Traditional
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5590003033
Special Listing Condition Standard
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Bought with Michelle St. Clair • Sotheby's International Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "