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6820 Whitley Ter

Los Angeles, CA 90068
  • $1,875,000
  • STATUS: Active Under Contract
  • ON SITE: 147 days
  • MLS #: 21-700788
Under Contract
UPDATED: 60 min ago
$1,875,000
  • 8
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,818
    SQFT
  • $389
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2006
County:

School Ratings & Info

Description

Built in 2006, this offering is not subject to LA rent control and contains a good unit mix of one (1) one-bedroom/one-bathroom low-income unit, one (1) one-bedroom/one-bathroom unit, and three (3) two-bedroom/two-bathroom units. All of these character units are spacious and bright with plenty of closet/storage space and tons of windows letting in natural light. These large townhome units feature hardwood floors throughout, fresh paint, and spacious bedrooms with private bathrooms. Each unit comes fully equipped with central HVAC, washer and dryers in unit, stove/ovens, refrigerators, and dishwashers. Four (4) units come with large (20x24 ft) private storage space that can be used for music practice. These storage units/musical practice space have the potential to be converted into four (4) separate accessory dwelling units (ADUs). The well-maintained property features onsite laundry facilities and a small yard, perfect for barbequing and picnicking. The fenced-in building is located on a hillside, with view of Hollywood and on-site parking available. This property is exempt from LA city rent control but is still subject to statewide rent control. Situated in prime Whitley Heights, this offering presents a unique opportunity for an astute investor to acquire a non-rent controlled building built in 2006 in a prime submarket that rarely trades.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-30T19:43:05.263. 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/114765455
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6820 Whitley Ter Los Angeles, CA 90068

  • Price: $1,875,000
  • Status: Active Under Contract
  • Updated: 60 min ago
  • MLS #: 21-700788
8
Beds
0
Baths
0
½ Baths
0.12
Acres
4,818
SQFT
$389
$/SQFT
2006
Built
Neighborhood:
Hollywood Hills East
County:
Los Angeles
Area:
Hollywood Hills East
Property Description
Built in 2006, this offering is not subject to LA rent control and contains a good unit mix of one (1) one-bedroom/one-bathroom low-income unit, one (1) one-bedroom/one-bathroom unit, and three (3) two-bedroom/two-bathroom units. All of these character units are spacious and bright with plenty of closet/storage space and tons of windows letting in natural light. These large townhome units feature hardwood floors throughout, fresh paint, and spacious bedrooms with private bathrooms. Each unit comes fully equipped with central HVAC, washer and dryers in unit, stove/ovens, refrigerators, and dishwashers. Four (4) units come with large (20x24 ft) private storage space that can be used for music practice. These storage units/musical practice space have the potential to be converted into four (4) separate accessory dwelling units (ADUs). The well-maintained property features onsite laundry facilities and a small yard, perfect for barbequing and picnicking. The fenced-in building is located on a hillside, with view of Hollywood and on-site parking available. This property is exempt from LA city rent control but is still subject to statewide rent control. Situated in prime Whitley Heights, this offering presents a unique opportunity for an astute investor to acquire a non-rent controlled building built in 2006 in a prime submarket that rarely trades.
Exterior Features

Lot Description Back YardFencedFenced YardFront YardAutomatic GateYard Lot Size Area 5201 Other Structures None Parking Garage Subterranean Pool Description None Pool YN No Spa None Spa YN No Style Modern Tennis Court None Tennis YN No Total Parking 5

Interior Features

Baths Total 8.00 Cooking Appliances Oven Cooling Central Equipment DishwasherGarbage DisposalRange/OvenRefrigerator Fireplace Rooms Family Room Flooring HardwoodTile Heating Central Kitchen Features PantryIsland Laundry Laundry Area

Property Features

Assessed Total Value 746010 Gross Income 130430 Gross Operating Income 130430 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 91816.00 Number Of Buildings 1 Number Of Units 5 Rent Control YN No Sale Type Standard Security Features Automatic GateGated Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 38614 Type Of Units Market Rate Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Jason Tuvia DRE#01772495 of Marcus & Millichap.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-30T19:43:05.263. 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