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- MLS#SR20170673
- TypeIncome
- CountyLOS ANGELES
- CityLos Angeles
- AreaHancock Park
- Zip90036
- StyleSpanish
- Price$ 2,285,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5458
- Lot Size7,924 SqFt
Listing Provided Courtesy Of:
Jillian Johnson with Coldwell Banker Realty.
Property Description
MASSIVE PRICE REDUCTION! **PROPERTY TO BE DELIVERED FULLY VACANT JAN.2021!! Huge opportunity for investor to stabilize with market rents. Development potential with TOC and R3 zoning by right. Owner occupancy with additional family in second unit OR a market rate tenant to offset mortgage! Take advantage of historical low interest rates and this incredibly high rent submarket. Located adjacent to coveted Hancock Park, this side by side Spanish duplex is situated on a large corner lot. Each unit feels like it's own private home with 4 bedrooms and 3 baths. Units are highlighted by a grand entry, living and dining rooms with beamed ceilings, fireplace and private balcony from primary bedroom. Each unit is approximately 2,729 sq.ft and the lot size is 7,923 sq ft per assessor. The mature private landscaping and hedges provide privacy and solace, with each unit having its own detached single car garage. Great opportunity as income producing property or opportunity to develop and leverage some of the many concessions from the city! Buyer and their agents to verify all information. Please do not disturb current tenant.
Price History | |
---|---|
8/25/2020 | Listed $2,475,000 |
12/2/2020 | 8% - $2,285,000 |
General Features
Appliances | Dishwasher, Microwave, Refrigerator |
---|---|
Architectural Style | Spanish |
Assessments | Unknown |
Attached Structure | Attached |
Co-Listing Agent Last Name | Brian |
Co-Listing Agent Last Name | Mallasch |
Co-Listing Agent State License # | 01748272 |
Co-listing Agent | Brian Mallasch - BRE#01748272 |
Community Features | Sidewalks |
Cooling | See Remarks |
Directions | Between Wilshire and Olympic- Corner of Mansfield and 8th |
Garage Spaces | 2.00 |
Heating | Central |
Interior Features | Beamed Ceilings, Tile Counters |
Listagentaor | Southland |
Listing Agent | Jillian Johnson - BRE#01924019 |
Listing Agent State License | 01924019 |
MLS Area | HPK - Hancock Park |
Number of Units Leased | 1 |
Parking Features | Garage |
Pool Features | None |
Price Per Square Foot | 418.65 |
Property Attached Y/N | Yes |
Roof | Spanish Tile |
Security Features | Window Bars |
Sewer | Public Sewer |
Source System | CRMLS |
Special Listing Conditions | Standard |
Total Units | 2 |
Zoning | LAR3 |
Interior Features
1st Bedroom Area Unit Type | Square Feet |
---|---|
2nd Bedroom Area Unit Type | Square Feet |
3rd Bedroom Area Unit Type | Square Feet |
Air Conditioning Y/N | Yes |
Appliances Y/N | Yes |
Common Walls | 1 Common Wall |
Fireplace Features | Living Room |
Fireplace Y/N | Yes |
Heating Y/N | Yes |
Laundry Features | Inside |
Laundry Y/N | Yes |
Room Type | Living Room |
Studio Area Unit Type | Square Feet |
Exterior Features
Building Area Total | 5458.00 |
---|---|
Lot Features | Corner Lot, Landscaped, Lawn, Sprinkler System |
Lot Size Acres | 0.1819 |
Lot Size Area | 7923.0000 |
Lot Size Source | Assessor |
Lot Size Square Feet | 7923.00 |
Lot Size Units | Square Feet |
Number of Buildings | 2 |
Number of Separate Electric Meters | 2 |
Number of Separate Gas Meters | 2 |
Number of Separate Water Meters | 1 |
Parking Y/N | Yes |
Total Parking | 2.00 |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool