6326 Longview AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90068
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,539 sqft
Price per Sqft $649
MLS Listing ID 24434007
Bedrooms 3
HOA Y/N No
Year Built 1940
Lot Size 8,951 Sqft
Acres 0.2055
Property 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 4.69%. Square footage is estimated - buyer to verify.
Location
State CA
County Los Angeles
Area C30 - Hollywood Hills East
Zoning LAR2
Rooms
Ensuite Laundry Common Area,Laundry Room
Interior
Laundry Location Common Area,Laundry Room
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher,Gas Cooktop,Microwave,Refrigerator,Dryer,Washer
Laundry Common Area,Laundry Room
Exterior
Garage Detached Carport,Driveway
Carport Spaces 2
Pool None
View Y/N Yes
View City Lights
Porch Rear Porch,Front Porch,Glass Enclosed,Porch
Parking Type Detached Carport,Driveway
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5576019047
Special Listing Condition Standard