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1173 S Highland Ave

Los Angeles, CA 90019
  • $1,915,000
  • STATUS: Active
  • ON SITE: 91 days
  • MLS #: 21-706070
UPDATED: 55 min ago
$1,915,000
  • 7
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,420
    SQFT
  • $433
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1929
County:

School Ratings & Info

Description

Classic Mediterranean Duplex in Hancock Park. Don't be fooled by the Highland Ave address. This gorgeous duplex is on the less traveled portion. This is an owner occupied property, please do not disturb. The lower unit is a 3BR/2BA unit with natural lighting, kitchenette, dinging room, an open floor plan with updates to bathrooms, heating, windows, etc. The upper unit is occupied without a lease and is the more desired unit. The lease was $5k per month. There are 4 Bedrooms, 2 Baths, library, formal dining room, kitchenette, laundry room, updated kitchen, baths, HVAC and more. This property can accommodate a owner occupied or investment with a potential of 3.7%+ CAP. *photos are of the upstairs unit from 2019 and the lower unit has similar floor plan but smaller.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-16T17:42:49.877. 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.
www.haciendagroupinc.com/homes/115145205
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1173 S Highland Ave Los Angeles, CA 90019

  • Price: $1,915,000
  • Status: Active
  • Updated: 55 min ago
  • MLS #: 21-706070
7
Beds
0
Baths
0
½ Baths
0.15
Acres
4,420
SQFT
$433
$/SQFT
1929
Built
Neighborhood:
Hancock Park-Wilshire
County:
Los Angeles
Area:
Hancock Park-Wilshire
Property Description
Classic Mediterranean Duplex in Hancock Park. Don't be fooled by the Highland Ave address. This gorgeous duplex is on the less traveled portion. This is an owner occupied property, please do not disturb. The lower unit is a 3BR/2BA unit with natural lighting, kitchenette, dinging room, an open floor plan with updates to bathrooms, heating, windows, etc. The upper unit is occupied without a lease and is the more desired unit. The lease was $5k per month. There are 4 Bedrooms, 2 Baths, library, formal dining room, kitchenette, laundry room, updated kitchen, baths, HVAC and more. This property can accommodate a owner occupied or investment with a potential of 3.7%+ CAP. *photos are of the upstairs unit from 2019 and the lower unit has similar floor plan but smaller.
Exterior Features

Covered Parking 4 Cross Streets 12th Ave Direction Faces East Garage Structures Total 2 Levels Two Lot Description Fenced Yard Lot Size Area 6507 Other Structures None Parking Garage DetachedDriveway Style Mediterranean Total Parking 4 View Description City Lights View YN Yes Water Frontage None

Interior Features

Baths Total 4.00 Common Walls Detached/No Common Walls Cooling Air ConditioningCeiling Fan Equipment DishwasherDryerGarbage DisposalCeiling Fan Fireplace Rooms Living Room Flooring HardwoodTile Heating Forced Air Laundry In Unit Water Heater Features Gas

Property Features

ADACompliance No Alley YN No Assessed Total Value 1957380 Electric Expense 200.00 Entry Floor Number 1 Gardener Expense 90.00 Gross Income 102000 Gross Operating Income 96900 Insurance Expense 1500.00 Land Lease Type Fee Like Units1 1 Like Units2 1 Net Operating Income 70900.00 Number Of Buildings 1 Number Of Units 2 Owner Pays WaterGardener Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features None Source Living Area Estimated Source Lot Size Area Estimated Tenant Pays GasInsurance Total Annual Expense 26190 Type Of Units Duplex Water Expense 400.00 Water Heaters YN Yes Year Built Source Estimated Zoning Lar2

Listing provided courtesy of Paul Barbosa DRE#01435896 of Century 21 Hollywood.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-16T17:42:49.877. 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.
 
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Hacienda Agency Inc
77935 Calle Tampico # 201
La Quinta CA, 92253