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701 Lorraine Blvd

Los Angeles, CA 90005
  • $2,690,000
  • STATUS: Active
  • ON SITE: 20 days
  • ID#: 21-757790
UPDATED: 221 min ago
$2,690,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,218
    SQFT
  • $516
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1936
County:

School Ratings & Info

Description

Beautiful Hancock Park Windsor Village income property with lots of upsides. Well maintained and spacious 2 stories 4 units with charming original character. The 2 units are townhouse style and 2 units are open floor plans. One of the units is currently occupied by the owner and will be delivered vacant at the close of Escrow. All units have their own washer & dryers and separate electric & gas meters (tenants pay electric & gas). Possible ADU is available for the additional unit, buyers to verify with the city. Drive-by only. Do Not Disturb Tenants! showing subject to accepted offer with pre-approval and proof of fund. Text or email the listing agent for more information.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-27T23:42:33.61. 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/119054827
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701 Lorraine Blvd Los Angeles, CA 90005

  • Price: $2,690,000
  • Status: Active
  • Updated: 221 min ago
  • ID#: 21-757790
8
Beds
0
Baths
0
½ Baths
0.17
Acres
5,218
SQFT
$516
$/SQFT
1936
Built
Neighborhood:
Hancock Park-Wilshire
County:
Los Angeles
Area:
Hancock Park-Wilshire
Property Description
Beautiful Hancock Park Windsor Village income property with lots of upsides. Well maintained and spacious 2 stories 4 units with charming original character. The 2 units are townhouse style and 2 units are open floor plans. One of the units is currently occupied by the owner and will be delivered vacant at the close of Escrow. All units have their own washer & dryers and separate electric & gas meters (tenants pay electric & gas). Possible ADU is available for the additional unit, buyers to verify with the city. Drive-by only. Do Not Disturb Tenants! showing subject to accepted offer with pre-approval and proof of fund. Text or email the listing agent for more information.
Exterior Features

Direction Faces East Levels Multi/Split Lot Size Area 7312 Other Structures None Parking Garage Detached Total Parking 4

Interior Features

Baths Total 6.00 Common Walls Attached Cooling Other Equipment DryerWasher Heating Other Laundry In Unit

Property Features

Assessed Total Value 2132820 Gross Income 11023 Gross Operating Income 132276 Land Lease Type Fee Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 97301.00 Number Of Buildings 1 Number Of Units 4 Owner Pays Water Rent Control YN Yes Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 34975 Type Of Units Income Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Young Kim DRE#01999152 of Masters Realty Group.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-27T23:42:33.61. 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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