4124 Monroe Street

Los Angeles , CA 90029

MLS#: 25578059

$2,250,000

Status: Active
Listing number: 25578059
Listing provided by: Beverly and Company, Inc.
Listing agent phone: None
Last update: 15 hours ago
New on site 2 days ago
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Property

Beds

8

Full Baths

None

1/2 Baths

None

Year Built

1948

Sq.Footage

4,605

Representing a remarkable OPPORTUNITY ZONED 7-unit apartment building with 90% current market rents. This property features 6 upgraded 1 bed/1 bath units, and one 2 bed 1 bath unit. Each has its own washer and dryer. 6 units have been thoughtfully upgraded showcasing open layouts that enhance the living space. ALL UNITS HAS ITS OWN PARKING. Located in a bustling hip neighborhood, on the edge of Silverlake-one of the trendiest areas in LA. This property benefits from excellent walkability to popular, trendy cafes and restaurants. The combination of upgraded units and a thriving location offers significant potential for rental income growth, making this apartment building an excellent opportunity for savvy investors looking to expand their portfolio in a high-demand location which is only 5-10 min drive to Hollywood, Los Feliz, Downtown, Koreatown, Echo Park. It doesn't get much more central in terms of location! Don't miss your chance to capitalize on this unique investment opportunity!

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Central

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    Driveway

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Size(acres)

    0.2495

  • Property Type

    Residential Income

Price

  • Sales Price

    $2,250,000

  • Sq. Footage

    4, 605

  • Price/SqFt

    $488

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Senior Community YN

    NO

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Location

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Los Angeles

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Listing Courtesy of Laura Meldere , Beverly and Company, Inc.

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Representing a remarkable OPPORTUNITY ZONED 7-unit apartment building with 90% current market rents. This property features 6 upgraded 1 bed/1 bath units, and one 2 bed 1 bath unit. Each has its own washer and dryer. 6 units have been thoughtfully upgraded showcasing open layouts that enhance the living space. ALL UNITS HAS ITS OWN PARKING. Located in a bustling hip neighborhood, on the edge of Silverlake-one of the trendiest areas in LA. This property benefits from excellent walkability to popular, trendy cafes and restaurants. The combination of upgraded units and a thriving location offers significant potential for rental income growth, making this apartment building an excellent opportunity for savvy investors looking to expand their portfolio in a high-demand location which is only 5-10 min drive to Hollywood, Los Feliz, Downtown, Koreatown, Echo Park. It doesn't get much more central in terms of location! Don't miss your chance to capitalize on this unique investment opportunity!

4124 Monroe Street

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