Detailed Introduction Of This Home
Hard to find TOWNHOUSE UNITS in prime rental area: 1930's Traditional/Deco Courtyard 4-plex in the heart of historic South Carthay, moments from Beverly Hills, The Grove, and Miracle Mile/Mid City shopping. This property has been meticulously maintained, with recent updates including newer roof, upgraded kitchens, recessed lights and electrical panel. A myriad historic charm like magnesite stairs, plaster walls, period millwork and delicate mouldings throughout. The building is comprised of three spacious townhouse units each with 2 bedrooms + 1.5 bathrooms, in-unit laundry, and plenty of storage, as well as a large 1 bedroom 1 bath unit with its own yard. Three detached garage spaces complete the offering, allowing for potential ADU Development (Buyer to investigate/confirm). Delivered fully occupied the property grosses appx $119,536/year with approx $9,000/year in operating expenses (excluding taxes and mortgage). A rare TROPHY, priced for today's market...a perfect opportunity for someone looking for a foothold in a high rent/high quality tenant area.