701 Lorraine Blvd
LOS ANGELES, CA 90005

Property

Ownership: For Sale
Bedrooms: 8 BR
Bathrooms: 8
Area: 7312 sq ft
Lot Size: 0.17 Acres

Financials

Price:$2,590,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Coldwell Banker Realty

Description

One of the most beautiful curb appeals. Welcome to 701 Lorraine Blvd, located in the prestigious Hancock Park neighborhood! Surrounded by meticulously maintained landscaping and gardening, this property is truly a sight to behold. This stunning income property offers exceptional curb appeal and is a perfect investment opportunity, generating approximately $150,000 per year in income. Comprised of four spacious 2-bedroom units, this property is updated with hardwood flooring throughout, providing a luxurious touch. Every unit features a cozy fireplace in the living room, creating a warm and inviting ambiance for residents and guests alike. Each unit even has its own separate electric and gas meters, providing convenience and flexibility for tenants. The property has also been updated with copper pipes and electric systems, ensuring efficient and reliable utilities for years to come. This income property offers a prime location with easy access to renowned shopping, dining, and entertainment options. It is also within close proximity to prestigious schools, parks, and other amenities, making it an attractive option for potential tenants. 1 UNIT will be vacant from August 2025.

Neighborhood

More listings:

701 Lorraine Blvd 8BR Hancock Park La


CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.