4354 Prospect AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90027
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
Parking Features Driveway
Building
New Construction No
Others
Special Listing Condition Standard