6326 Longview Avenue, Los Angeles, CA 90068
- $1,700,000
- $670
- $1,700,000
- $670
Description
The rarity to own property within the iconic Hollywood Dell neighborhood paired with the long-term security & flexibility of both a premium duplex & sizable lot presents a strong, Los Angeles investment opportunity. The main structure is an updated duplex with both units occupied and near market rents. The upper unit is est. 1,000 sf and rented at $5,150/month – features 2 bedrooms, 2 bathrooms, living area with fireplace, separate dining room, kitchen, gated front yard & rear balcony with city views. The lower unit is est. 1,150 sf and rented at $4,263/month – features 1 bedroom, 1 large den, 2 bathrooms, living area with fireplace, enclosed porch, kitchen and private patio. The property offers abundant shared outdoor space for residents and an additional detached recreation room est. 407 sf (has Certificate of Occupancy) with 0.5 bathroom. Current annual Gross Operating Income is $113,234, Expenses are $35,914, and Net Operating Income is $77,320. The in-place cap rate is 4.55%. Square footage is estimated – buyer to verify.
Address
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Address: 6326 Longview Avenue
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90068
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Area: C30 - Hollywood Hills East
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Country: United States
Details
Updated on September 14, 2024 at 7:06 am-
Property ID SGR-33908764
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Price $1,700,000
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Property Size 2539.00 m²
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Land Area 8953.00 m²
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Bedrooms 3
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Bathrooms 4
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Year Built 1940
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Property Type Residential Income
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Property Status For Sale
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Living Area 2539.00
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MLS# 24434007
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Office Name PELLEGO, INC.
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Agent Name Jorgi Paul
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MLS Status Active
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Living Area Prefix Sqft
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Agent State License 02189631
Additional details
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View City Lights
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Cooling Central Air
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Heating Central
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County Los Angeles
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Parking 2.00
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