Rare Opportunity!!! First time on The Market in more than 30 YEARS!!! Income Property (Duplex 418 & 420) Located in one of the Most Desirable Los Angeles neighborhoodsHancock Park. LOWER UNIT Features Timeless Character with Updated Kitchen, Stylish Hardwood Flooring, 3 Bedrooms, 2 Baths, Elegant Living Room, Custom Fireplace and… Read More a Formal Dining Room. UPPER UNIT Features Hardwood Flooring, 3 Bedrooms, 2 Baths, Fireplace and a versatile Dining Room/Office Space with Private Balcony. Both Units offer Generous Layouts, Abundant Natural Light with Amazing Details. This Prime Location Duplex offers a Generational Asset Investment Opportunity, Excellent Curb Appeal with Drought-Tolerant Landscaping. 3 on-site Garages that present an opportunity for ADU Conversion Potential. Perfect for Owner/User or Savvy Investor. Hurry on This One!!! Read Less
Property listed by Sotheby's International Realty, William P. Bowling 310-456-6431
Built in 1927, Building area total: 4,563, Levels: Two, Living area: 4563, 2 stories, 3 buildings, Architectural style: , Attached, Common walls: OneCommonWall
Cooling
None
Doors
FrenchDoors
Expenses
Insurance expense: $2,000, New taxes expense: $3,000, Trash expense: $250, Water sewer expense: $1,200
Fireplaces
LivingRoom
Floors
Wood
Garage
3 spaces
Heating
Central
Income
Gross income: $92,424, Net operating income: $85,974
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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