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Investment Property
Just Sold: $840,000 - Development opportunity on a huge, approximate 4,199 square foot, extra-wide lot. This adorable 2 bedroom, 1 bath single family home, in Excelsior, is ready for a new owner or investor to renovate and/or add square footage. The unfinished attached garage has room for potential to build out and add additional square footage to the main footprint of the home. Explore the possibility of adding an Accessory Dwelling Unit (ADU).
JUST SOLD: $1,300,000 - Corner-lot triplex located on prestigious Carroll Avenue, in the Angelino Heights neighborhood of Echo Park. Use the house as an investment property or convert it back to a beautiful single family Victorian home. The first floor of the building consists of a large 2 bed, 1 bath unit with original flooring & moldings, high ceilings, pocket doors & a decorative fireplace. Upstairs consists of 2 units and has remarkable views from Downtown LA to the Griffith Observatory. The front unit is a 1 bed, 1 bath and the rear unit is a 2 bed, 1 bath. The kitchen & bathroom systems have been updated throughout the building. All units will be delivered occupied. Property is located in the Angelino Heights Historic Preservation Overlay Zone.
JUST SOLD: $1,560,000 - Fantastic opportunity to own a trophy investment triplex in prime Los Feliz. Property consists of a beautiful Spanish-style up/down duplex in the front, with spacious 2 bedroom, 1 bath floor plans. Many of the original details -- including inviting outdoor balconies, coved ceilings, hardwood flooring, tile and sconces -- still embrace elegant, old-Hollywood charm. Step out back and find a shared courtyard perfect for entertaining. Past the courtyard, discover the rear 1 bedroom, 1 bath cottage and a separate 3-car garage. Live in one unit and rent out the others, or rent out all of the units as a solid investment property.
JUST SOLD: $897,000 - Head through the gated entrance into your own private hillside Silver Lake duplex. Live in one unit and rent out the other, or rent both units out as an investment property. The front house is a 1 bedroom California bungalow filled with original 1920's character and features an updated kitchen & bathroom for 21st-century living. This house includes a large outdoor patio located above the property's 4-car parking garage. The charming back house is an updated 2 bedroom, 1 bath bungalow with its own private patio shaded by a large avocado tree. While the backyard is very usable and great for entertaining, explore the option of building out an addition or completely adding another unit. The close proximity to the local shops & restaurants and to Sunset Junction, make this property an immediate must-see!
