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5850 Foothill Dr

Los Angeles, CA 90068
  • $2,600,000
  • STATUS: Active Under Contract
  • ON SITE: 21 Days
  • ID#: 21-790472
Under Contract
$2,600,000
  • 5
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,165
    SQFT
  • $624
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Description

Tastefully remodeled Mediterranean duplex with original details, thoughtful updates, and modern upgrades throughout. Situated in the highly sought after celebrity enclave of the Hollywood Grove HPOZ, this elegant and extensively renovated duplex is sure to impress. Perfect for an owner user or the savvy investor. Structural integrity, while maintaining original charm and character were not overlooked in this thorough renovation. Set among mature landscaping, located on a quiet tree-lined street, just minutes away from all the city has to offer. Conveniently located within close proximity to Netflix, Sunset Gower and Paramount Studios, as well as Columbia Square. Walking distance to trendy Franklin Village shops, restaurants and world famous hiking trails. This is a rare opportunity to own a meticulously maintained duplex that boasts a 5 cap on pro forma rents.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-22T23:43:01.69. 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.
www.theparsonsrealestateteam.com/homes/121984672
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5850 Foothill Dr Los Angeles, CA 90068

  • Price: $2,600,000
  • Status: Active Under Contract
  • ID#: 21-790472
5
Beds
0
Baths
0
½ Baths
0.19
Acres
4,165
SQFT
$624
$/SQFT
1923
Built
Neighborhood:
Hollywood Hills East
County:
Los Angeles
Area:
Hollywood Hills East
Property Description
Tastefully remodeled Mediterranean duplex with original details, thoughtful updates, and modern upgrades throughout. Situated in the highly sought after celebrity enclave of the Hollywood Grove HPOZ, this elegant and extensively renovated duplex is sure to impress. Perfect for an owner user or the savvy investor. Structural integrity, while maintaining original charm and character were not overlooked in this thorough renovation. Set among mature landscaping, located on a quiet tree-lined street, just minutes away from all the city has to offer. Conveniently located within close proximity to Netflix, Sunset Gower and Paramount Studios, as well as Columbia Square. Walking distance to trendy Franklin Village shops, restaurants and world famous hiking trails. This is a rare opportunity to own a meticulously maintained duplex that boasts a 5 cap on pro forma rents.
Exterior Features

Lot Size Area 8100 Other Structures None Parking Garage Covered ParkingGarage - 2 CarGarage Is Detached Total Parking 2

Interior Features

Baths Total 7.00 Cooling Air ConditioningCentral Equipment Built-InsAlarm SystemGarbage DisposalFreezerDishwasherGas Dryer HookupMicrowaveRefrigeratorRange/Oven Flooring TileWood Heating Central

Property Features

Assessed Total Value 1199169 Gross Income 162000 Gross Operating Income 162000 Like Units1 1 Like Units2 1 Net Operating Income 121500.00 Number Of Buildings 1 Number Of Units 2 Sale Type Standard Source Living Area Owner Source Lot Size Area Vendor Enhanced Total Annual Expense 40500 Type Of Units 2 Year Built Source Vendor Enhanced Zoning Lar1

Listing provided courtesy of Andrew R. Liberty DRE#01965696 of Compass.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-22T23:43:01.69. 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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