4354 Prospect Avenue
Los Angeles, CA 90027
- – beds
- – baths
- – sqft
- 6,753 sqft lot
- 1915 build
- – on site
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.
Listed By CRMLS_CA / Corey Nelson / Robust Real Estate
Last checked:
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Last updated Dec 4, 2024
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MLS# 24414237 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1915
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New Construction:No
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Building Area Total:1560.00
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Total Number Of Units:2
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# of Buildings:2
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Architectural Style:Craftsman
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Faces:North
Interior
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Features:Ceiling Fan(s)
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Levels:One
Financial & Terms
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Disclosures:Rent Control
Location
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Directions:Between Hillhurst and Commonwealth
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Latitude:34.10153100
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Longitude:-118.28487700
The Property
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Property Type:Residential Income
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Zoning:LAR2
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Lot Size Area:6753.0000
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Lot Size Acres:0.1550
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Lot Size SqFt:6753.00
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Other Structures:Guest House
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5542004018
Heating & Cooling
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Heating:1
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Heating:Floor Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Appliances
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Appliances:Microwave, Range
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Driveway
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Parking Spaces:4.00
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Uncovered Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/1/15
Aug 1, 2015
|
Sold | CRMLS_CA | ||
11/1/13
Nov 1, 2013
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Sold | CRMLS_CA |