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1964 Palmerston Place

Los Feliz, CA 90027
  • $2,000,000
  • STATUS: ACTIVE
  • ON SITE: 156 Days
  • ID#: PV22222830
$2,000,000
  • 4
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

This true pride of ownership triplex in the vibrant and iconic Los Feliz area is not to be overlooked. Architectural details from 1936 including original hardwood flooring, custom tiles, and a classic flair make it truly unique. Plus recent upgrades such as termite clearance (2018), new roof & gutters (2019) plumbing + much more give peace of mind with regards to maintenance costs down the line - plus potential for an ADU provides even greater revenue opportunity! Make this property your solid income winner today: immaculately maintained inside-out with excellent tenants already in place; Perfectly situated in the vibrant Los Feliz neighborhood of LA, this rent-controlled building presents a great long term gain potential. With each unit boasting its own single garage space and storage there is plenty of room to increase value with minimal expense! Add to that 100% occupancy AND extremely low expenses - resulting from rarely having turnover due to very loyal tenants - you have an awesome portfolio piece ready for even the most judicious investor. Don't miss out on taking full advantage of what Los Felix has to offer; gorgeous architecture, rich culture & excellent local amenities all just steps away from Hollywood & Griffith Park's majestic southern hills. This true pride of ownership triplex in the vibrant and iconic Los Feliz area is not to be overlooked. Architectural details from 1936 including original hardwood flooring, custom tiles, and a classic flair make it truly unique. Plus recent upgrades such as termite clearance (2018), new roof & gutters (2019) plumbing + much more give peace of mind with regards to maintenance costs down the line - plus potential for an ADU provides even greater revenue opportunity! Make this property your solid income winner today: immaculately maintained inside-out with excellent tenants already in place; Perfectly situated in the vibrant Los Feliz neighborhood of LA, this rent-controlled building presents a great long term gain potential. With each unit boasting its own single garage space and storage there is plenty of room to increase value with minimal expense! Add to that 100% occupancy AND extremely low expenses - resulting from rarely having turnover due to very loyal tenants - you have an awesome portfolio piece ready for even the most judicious investor. Don't miss out on taking full advantage of what Los Felix has to offer; gorgeous architecture, rich culture & excellent local amenities all just steps away from Hollywood & Griffith Park's majestic southern hills.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/133982816
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1964 Palmerston Place Los Feliz, CA 90027

  • Price: $2,000,000
  • Status: ACTIVE
  • On Site: 156 Days
  • ID#: PV22222830
4
Beds
0
Baths
0
½ Baths
0.15
Acres
Neighborhood:
Los Angeles (90027)
County:
Los Angeles
Area:
Los Angeles (90027)
Property Description
This true pride of ownership triplex in the vibrant and iconic Los Feliz area is not to be overlooked. Architectural details from 1936 including original hardwood flooring, custom tiles, and a classic flair make it truly unique. Plus recent upgrades such as termite clearance (2018), new roof & gutters (2019) plumbing + much more give peace of mind with regards to maintenance costs down the line - plus potential for an ADU provides even greater revenue opportunity! Make this property your solid income winner today: immaculately maintained inside-out with excellent tenants already in place; Perfectly situated in the vibrant Los Feliz neighborhood of LA, this rent-controlled building presents a great long term gain potential. With each unit boasting its own single garage space and storage there is plenty of room to increase value with minimal expense! Add to that 100% occupancy AND extremely low expenses - resulting from rarely having turnover due to very loyal tenants - you have an awesome portfolio piece ready for even the most judicious investor. Don't miss out on taking full advantage of what Los Felix has to offer; gorgeous architecture, rich culture & excellent local amenities all just steps away from Hollywood & Griffith Park's majestic southern hills. This true pride of ownership triplex in the vibrant and iconic Los Feliz area is not to be overlooked. Architectural details from 1936 including original hardwood flooring, custom tiles, and a classic flair make it truly unique. Plus recent upgrades such as termite clearance (2018), new roof & gutters (2019) plumbing + much more give peace of mind with regards to maintenance costs down the line - plus potential for an ADU provides even greater revenue opportunity! Make this property your solid income winner today: immaculately maintained inside-out with excellent tenants already in place; Perfectly situated in the vibrant Los Feliz neighborhood of LA, this rent-controlled building presents a great long term gain potential. With each unit boasting its own single garage space and storage there is plenty of room to increase value with minimal expense! Add to that 100% occupancy AND extremely low expenses - resulting from rarely having turnover due to very loyal tenants - you have an awesome portfolio piece ready for even the most judicious investor. Don't miss out on taking full advantage of what Los Felix has to offer; gorgeous architecture, rich culture & excellent local amenities all just steps away from Hollywood & Griffith Park's majestic southern hills.
Exterior Features

Pool N/K Site Curbs

Interior Features

Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1

Property Features

Annual Expense Actual 7685 Buildings 1 Cfd Mello Roos Fee 376.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 77628 Monthly Total Fees 31 Terms Exchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 2793.0 Unit2 Rent Actual 2579.0 Unit3 Rent Actual 1097.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Luxury Pv Realty: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128