We are pleased to present the exclusive listing of 749 North Vista Street and 7456 Waring Avenue. This duplex built in 1924, totaling 2,263 rentable square feet on a 6,204 square foot lot. This attractive duplex property features two separate houses, each with two bedrooms and one bathroom. The property… Read More includes an additional structure which is being used as a recreation room equipped with existing plumbing and electrical, presenting the opportunity to convert it into an Accessory Dwelling Unit (ADU) for added rental income. Both houses are separate structures and designed for convenience with dual entry and in-unit washer and dryers, enhancing tenant appeal. The house on Waring boasts central air conditioning, ensuring comfort, newer windows and an updated kitchen. The property also boasts a two-car garage. Significant upgrades have been made throughout the property, including a complete re-piping with copper plumbing, complete heaters, and electrical system enhancements. The flat roof is in good condition, minimizing immediate maintenance concerns. The property is ideally located in the vibrant Hollywood Hills West neighborhood of Los Angeles, just a short distance from the bustling intersection of Melrose Avenue and Fairfax Avenue. This prime location offers residents a rich mix of urban amenities, trendy shops, and a diverse culinary scene, making it a desirable area to live. The property is situated near Fairfax High School, adding to its appeal for families and students. The neighborhood is known for its artistic vibe, with a variety of boutiques, cafes, and restaurants within walking distance. Residents can enjoy the eclectic atmosphere of Melrose Avenue, famous for its unique shops and lively street art. Additionally, the area is well-connected to public transportation options, providing easy access to other parts of Los Angeles. Major thoroughfares nearby facilitate convenient commutes to downtown and other key destinations. With its desirable features and potential for additional income through an ADU, 749 North Vista Street and 7456 Waring Avenue is well-positioned for strong rental demand. The combination of the sought-after neighborhood, modern amenities, recent upgrades, and potential for future growth makes this property a compelling investment opportunity in a vibrant Los Angeles market. Read Less
Property listed by Marcus & Millichap, Eliyahu Appel 818-212-2700
Listing Snapshot
Days Online
118
Last Updated
Property Type
Other
Beds
4
Square Ft.
2,263
Lot Size
0.14 Acres
Year Built
1924
MLS Number
24451607
30 Days Snapshot Of 90046
$2,082k
0%
(avg) sold price
0
-100%
homes sold
83
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1924, Building area total: 2,263, Levels: One, Living area: 2263, 1 story, 3 buildings
Heating
Central
Income
Gross income: $64,424, Net operating income: $36,441
Lot
0.1425 acres, 6,206 square feet, Size: 6,206
Parking
DoorMulti, Garage
Property
Zoning: LAR1
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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