6326 Longview Avenue, Los Angeles, CA 90068
-
Listed Price :
$1,700,000
-
Beds :
3
-
Baths :
4
-
Property Size :
2,539 sqft
-
Year Built :
1940
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 4.55%. Square footage is estimated - buyer to verify.
Interior Features
| Laundry Information |
| Location(s) |
Common Area, Laundry Room |
| Bedroom Information |
| Bedrooms |
3 |
| Bathroom Information |
| Bathrooms |
4 |
| Interior Information |
| Cooling Type |
Central Air |
Listing Information
| Address |
6326 Longview Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90068 |
| County |
Los Angeles |
| Listing Agent |
Jorgi Paul DRE #02189631 |
| Courtesy Of |
Pellego, Inc. |
| List Price |
$1,700,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
2,539 |
| Lot Size |
8,953 |
| Year Built |
1940 |
Listing information courtesy of: Jorgi Paul, Pellego, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 9th, 2024 at 6:25 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
