Property
Beds
8
Full Baths
5
1/2 Baths
None
Year Built
1926
Sq.Footage
2,766
Turnkey 4-unit property in a prime studio-adjacent location generating approximately $14,000 PER MONTH in gross rental income. Located near Disney and Nickelodeon studios, this fully upgraded compound features a 3 bed 2 bath main home, a 1 bed 1 bath attached ADU, and two detached 2 bed 1 bath units in the rear. All units have been tastefully renovated with quartz countertops, laminate flooring, recessed lighting, double pane windows, new roofs, and modern appliances. Interiors and exteriors have been recently painted and still look GREAT. Central heat and air in all units except the junior ADU, which has a mini-split. EACH UNIT COMES WITH ASSIGNED PARKING AND A PRIVATE PATIO—ideal for pets, BBQs, or storage. Three units operate as short-term rentals with consistent AIRBNB BOOKINGS generating strong cash flow. One unit is rented to a long-term tenant at $2,700 per month, paid early every month without fail. Total gross income is APPROXIMATELY $14,000 PER MONTH, offering excellent returns for investors. The property has SEPARATE ELECTRIC METERS for all units except the junior ADU, which shares with the main house. One shared gas and water meter. Utilities are currently paid by the owner. Located in a HIGH-DEMAND rental market close to major studios, dining, shopping, and freeways. An ideal option for investors seeking a proven, INCOME-GENERATING ASSET in one of the most desirable pockets of the valley.
Features & Amenities
Interior
-
Other Interior Features
Master Downstairs
-
Total Bedrooms
8
-
Bathrooms
5
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
-
Main Level Bedrooms
8
Exterior
-
Garage
No
-
Parking
Assigned, Private
-
Patio and Porch Features
Patio
-
Pool
Yes
-
Pool Features
None
-
View
None
Area & Lot
-
Lot Size(acres)
0.1712
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$2,000,000
-
Sq. Footage
2, 766
-
Price/SqFt
$723
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
-
Sewer
Public Sewer
-
Tax Lot
7
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Angel Garcia , Park Regency Realty
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