Perfect Owner-User Investment. Owner's Unit 2 Bed + 2 Garage Parking + Huge View Balcony & More! Fantastic 5-Unit Investment Property in a Prime Los Feliz Location! Perfect as an Owner-User Investment with 4 additional Rental Income's to support your Ownership! Rare opportunity to own a Classic Los… Read More Angeles multifamily asset in the Heart of Los Feliz, one of the City's most Desirable and Rapidly Growing Neighborhoods! This Charming 5-Unit Investment Features timeless LA Architecture and offers immediate Income with a strong upside potential! Well maintained and ideally located near Griffith Park, Silver Lake, and Hollywood, the property sits in a High-Demand Rental Area known for its walkability, vibrant local culture, and continued development. PROPERTY HIGHLIGHTS INCLUDE: 5 Total Units with stable tenancy; Classic LA Archtecture with Character Features; Excellent income-producing opportunity; Potential for Rental-Upside and Value-Add Improvements; Situated in one of L.A.'s strongest rental submarkets; Close to Bus Transit, Parks, Shops, Dining, Tennis Courts, Golf Courses, Public Pool, The Greek Theatre, The Griffith Park Observatory, Multiple Grocery Stores, Movie Theaters, Hiking Trails, Many Banks, Curio Shops, Cedars Hospital, Medical Doctors, Health and Spa Centers, The Los Angeles Zoo, Picnic Areas, The Train Museum, The Park Merry-Go-Round, and So Much More; And close to the Freeway for easy access North and South! Great for both Owner-Users and Investors seeking long-term growth and consistent returns. Don't miss this opportunity to acquire a Prime Multifamily property in a Premier, and Highly Regarded L.A. neighborhood! Also, there is a Laundry Room and there are 3 Two-Car Garages accessed by way of the Alley behind the property. MORE DETAILS: The Owner's Unit is on 2 levels, with 2 addresses: UpStairs 3759 Los Feliz Blvd. & DownStairs 3761 Los Feliz Blvd. with 220 Wiring And with access to 2 Wood Burning Firepaces, Plus a Wet-Bar! And the Laundry Room has a Private access for the Owner's Unit, and a Community access for all other Tenants. And the Owner's Unit 2 Car Garage has the abitlity to Expand by 5 to 6 Feet More, which is perfect for a Longer Van or Hook-Up Auto Attachments! Plus 2 of the remaining 4 One Bedroom Units also have Wood Burning Fireplaces! And there is SO MUCH MORE! Read Less
Property listed by Bruce Jay Associates, Bruce Jay 323-660-3600
Listing Snapshot
Days Online
11
Last Updated
Property Type
Other
Beds
7
Square Ft.
4,171
Lot Size
0.15 Acres
Year Built
1941
MLS Number
25575457
30 Days Snapshot Of 90027
$1.72M
-31%
(avg) sold price
12
-7%
homes sold
76
+1%
(avg) days on market
Snapshot
Area Map
Additional Details
Property
Zoning: LAR3
Building
Built in 1941, Building area total: 4,171, Levels: Two, Living area: 4171, 2 stories, 1 building
Expenses
Gardener expense: $600, Insurance expense: $3,000, New taxes expense: $24,950, Water sewer expense: $6,000
Fireplaces
Decorative, LivingRoom
Garage
6 spaces
Heating
WallFurnace
Income
Gross income: $141,060, Net operating income: $106,510
Lot
0.1473 acres, 6,416 square feet, Size: 6,416
Parking
6 totals parking, Garage
Tenant Pays
Electricity, Gas
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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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