Active
6326 Longview Ave
Los Angeles CA, 90068
$1,700,000
$669.55 per sqft
Active
3 Beds
4 Baths
2,539 sqft
Multi-family
Built in 1940
The rarity to own property within the iconic Hollywood Dell neighborhood paired with the long-term security & flexibility of both a premium duplex & sizable lot presents a strong, Los Angeles investment opportunity. The main structure is an updated duplex with both units occupied and near market rents. The upper unit is est. 1,000 sf and rented at $5,150/month - features 2 bedrooms, 2 bathrooms, living area with fireplace, separate dining room, kitchen, gated front yard & rear balcony with city views. The lower unit is est. 1,150 sf and rented at $4,263/month - features 1 bedroom, 1 large den, 2 bathrooms, living area with fireplace, enclosed porch, kitchen and private patio. The property offers abundant shared outdoor space for residents and an additional detached recreation room est. 407 sf (has Certificate of Occupancy) with 0.5 bathroom. Current annual Gross Operating Income is $113,234, Expenses are $35,914, and Net Operating Income is $77,320. The in-place cap rate is 4.55%. Square footage is estimated - buyer to verify.
24-434007
MLSⓇ ID
September 5, 2024
Listed
September 13, 2024
Updated
Map
6326 Longview Ave
Los Angeles CA, 90068
Interior Features
Total Stories
2
Bedrooms
3
Total Bathrooms
4
Interior Features
Built-Ins
Appliances
Dryer, Dishwasher, Washer, Refrigerator, Range/Oven, Microwave
Laundry Description
Community, Laundry Area, Room
Fireplace
Yes
Fireplace Description
Living Room
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.21 Acres
Other Property Details
Area Name
Hollywood Hills East
Days on Market
8
Garage
No
Parking
Carport Detached, Driveway
Parking Total
2
View
Yes
View Description
City
County
Los Angeles
Pool
No
Pool Features
None
Zoning
LAR2
Listed by Jorgi Paul with Pellego, Inc.
Listing Contact: 310-570-7404
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Joe Babajian | CA DRE# 00813384 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 9/13/2024