4354 Prospect AVE Active

Los Angeles,CA 90027

$ 1395000

4 Beds

2 Baths

1560 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,560 sqft

Price per Sqft $894

MLS Listing ID 24414237

Bedrooms 4

Year Built 1915

Lot Size 6,751 Sqft

Property Description

Nestled in the heart of Los Feliz, this charming multi-family property offers a unique opportunity for savvy investors seeking rental income in one of Los Angeles' most desirable neighborhoods. The property features two detached Craftsman bungalows, each brimming with character and updated to meet modern standards. With a total of four bedrooms and two bathrooms spread across 1,560 square feet, these fully occupied units are currently home to wonderful tenants that are paying attractive rental rates. The property's incredible location, just east of Hillhurst Avenue, places residents close to local attractions such as the iconic Vista Theater, Home Restaurant, and The Guest House. Each unit boasts its own laundry facilities, adding convenience for tenants and potentially increasing rental value. The gated property provides driveway parking for each unit, a coveted amenity in this bustling urban area. For those with an eye on future development, a detached converted garage comes with preliminary plans for an Accessory Dwelling Unit (ADU), offering potential for additional rental income. The property's Craftsman aesthetic lends a timeless appeal, while recent updates ensure modern comfort. With its prime location and strong rental potential, this multi-family gem presents an excellent opportunity for investors looking to expand their portfolio in one of LA's most vibrant communities. This property isn't just an investment; it's a slice of Los Feliz life, served up with a side of potential and a dash of charm.

Location

State CA

County Los Angeles

Area 637 - Los Feliz

Zoning LAR2

Rooms

Other Rooms Guest House

Interior

Heating Floor Furnace

Cooling Wall/Window Unit(s)

Exterior

Garage Driveway

Building

New Construction No

Others

Special Listing Condition Standard

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