$2,415,000
$2,600,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
4116 Los Feliz BLVD Los Angeles, CA 90027
8 Beds
6 Baths
5,759 SqFt
Key Details
Sold Price $2,415,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,759 sqft
Price per Sqft $419
MLS Listing ID 23298391
Sold Date 10/17/23
Bedrooms 8
HOA Y/N No
Year Built 1941
Lot Size 8,572 Sqft
Acres 0.1968
Property Description
4116 Los Feliz Blvd. is a well maintained, well located, 5,759 square foot six (6) unit apartment building composed of four (4) 1 bedroom 1 bath units and (2) two 2 bedroom-one bath units. The current ownership has had this property in the family for over 40 years and has maintained it exceptionally. Each unit is separately metered for gas and electricity and has its own hot water heater. The property is spacious with 1+1 units averaging over 750 square feet each and the 2+1 units averaging over 1,000 square feet each. Most units have a formal dining room and in unit laundry areas. The subject property features copper plumbing and recently updated 400 amp electrical panel. The rear of the property has garage parking for each unit. One (1) two bedroom unit and two (2) one bedroom units will be delivered VACANT. Rents are projected for the vacant units. Two of the units have been fully and tastefully renovated with updated kitchens, bathrooms and central air. The property is situated on an 8,576 SF lot and zoned LAR3. The subject property is in a PRIME location on Los Feliz Blvd. This location offers easy access to the 101 and 5 freeways as well as the Greek Theater and Griffith Park. Los Feliz is a highly desirable submarket of Los Angeles. Very few income properties in this immediate area come to market making this a rare opportunity. Tenants and owners alike are attracted to Los Feliz because of local bars, restaurants and shopping in the immediate vicinity all while having easy access to major employment hubs such as Downtown LA, Koreatown and Hollywood. The subject property presents a rare opportunity to own in Prime Los Feliz. Please Do Not disturb tenants.
Location
State CA
County Los Angeles
Area 637 - Los Feliz
Zoning LAR3
Interior
Heating Electric, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Wood
Fireplaces Type Dining Room
Fireplace Yes
Exterior
Garage Spaces 6.0
Garage Description 6.0
Attached Garage No
Total Parking Spaces 7
Building
Faces North
Story 2
Architectural Style French Provincial
New Construction No
Others
Senior Community No
Tax ID 5591001005
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Bought with Nicole Apostolos • Equity Union
GUIDE SoCal
Broker | License ID: DRE#01976964