5633 La Mirada Ave 9BR Hancock Park La


Property

Website:https://www.nestseekers.com/5425696
Address:
5633 La Mirada Ave
LOS ANGELES, CA 90038
Ownership: For Sale
Bedrooms: 9 BR
Bathrooms: 6
Area: 6284 sq ft
Lot Size: 0.1 Acres

Financials

Price:$1,491,000

Description

POSSIBLE FRONT BUILDING BOTTOM UNIT CAN BE DELIVERED VACANT AT CLOSE OF ESCROW. THIS BACK UNIT, 4 BEDROOMS + 4 BATHROOM UNIT(THIS BACK BUILDING POSSIBLY CAN BE CONVERTED INTO 2 SEPARATE 2 BED + 2 BATH UNITS - BUYER TO VERIFY WITH CITY PLANNING FOR PERMITS) SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION AND TAX BENEFIT FOR THE NEXT BUYER. BRING YOUR 1031 EXCHANGE HERE. ** NOW WITH SERIOUS PRICE, LOOKING FOR THE SERIOUS BUYER. ** ALL EXPENSES PAID BY TENANTS. LOW MAINTEANCE COST. ** 1031 EXCHANGE BUYERS, LOOK NO FURTHER.** DON'T WAIT!! OPPORTUNITY/LUCK IS FOR THOSE WHO TAKE IT AND TAKE IT FASTER THAN ANYONE ELSE. LEAST EXPENSE BUILDING IN TOWN. Back unit Completely remodeled and permitted. Whopping 4 bedroom 4 bathroom(possibly to turn into 2 units, (one for top and one for bottom for separate tenants) 1838 Sq ft. CURRENTLY PAYING $4,600.00. BRAND NEW STOVE/OVEN, REFRIGERATOR, WASHER/DRYER, DISWASHER, SPLIT UNIT AIR CONDITIONERS, LARGE BACKYARD WITH SAIL CANOPY FOR PRIVACY. Over 6200 SQFT , R3 zoned Tier 3 in Hollywood, The Property consists of a remodeled duplex in the front with ( 3 bedroom/ 1bathroom)(RECENTLY LEASED) + (2 bedroom / 1 bathroom) (PAYING $2,250.00 PER MONTH for non-remodeled unit) units totaling 2,046 Sq Feet generating $5,540 a month. Close proximity to Silver Lake , Paramount Pictures, Downtown Los Angeles and Hollywood. please do not disturb the tenants. THIS WILL BE A STABLE CASH FLOW COW FOR THOSE WHO NEED 1031 EXCHANGE, LOW MAINTENANCE COSTS (all utilities, including and not limited to water/sewer is being paid by tenants)

Contact

271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Real Broker

5633   La Mirada Ave LOS ANGELES CA 90038 USA