$1,675,000

1339 N Vista St Hollywood, California

  • 8 Beds
  • 3,912 Sqft
  • Updated: July 2
  • 2
    Views for last 30 days

About the Property

Exceptional six-unit income property ideally located in one of Los Angeles’ most desirable rental markets, just moments from West Hollywood, Melrose Avenue, Sunset Boulevard, and countless restaurants, shopping, entertainment, and major employment centers. This well-maintained traditional apartment building offers outstanding curb appeal and reflects years of exceptional pride of ownership, presen
Exceptional six-unit income property ideally located in one of Los Angeles’ most desirable rental markets, just moments from West Hollywood, Melrose Avenue, Sunset Boulevard, and countless restaurants, shopping, entertainment, and major employment centers. This well-maintained traditional apartment building offers outstanding curb appeal and reflects years of exceptional pride of ownership, presenting a rare opportunity to acquire a quality multifamily asset in a highly sought-after location. Over the years, ownership has invested extensively in the property’s long-term infrastructure and building systems through numerous capital improvements designed to enhance value and minimize deferred maintenance. Major upgrades include seismic foundation bolting, electrical panel and breaker upgrades, partial sewer line replacement, seismic gas valve installation, extensive plumbing improvements, roof repairs, exterior painting, garage and walkway improvements, laundry room enhancements, and completion of the SB-721 balcony inspection. Several units have been thoughtfully updated over the years with renovated kitchens and bathrooms, updated flooring, fresh interior paint, new fixtures, appliances, water heaters, and numerous plumbing and electrical improvements, creating an attractive living environment for tenants while reducing future capital needs. The property also benefits from additional garage income, providing an attractive supplemental revenue stream. Combining stable in-place income, extensive capital improvements, strong pride of ownership, and an exceptional central Los Angeles location, this is a rare opportunity to acquire a well-maintained investment property with long-term appreciation potential and excellent rental demand.
  • Property type

    Other

  • Floors

    2

  • Year built

    1954

  • Price/sqft

    $428

Features

Features

Lot

Indoor

  • Office
  • Laundry Room
  • Stone Countertops

Outdoor

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1339 N Vista St, Los Angeles, California, United States View on Google Maps
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Douglas Elliman - Beverly Hills

Joined 6 years ago
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Douglas Elliman - Beverly Hills
California, United States
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187
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2020
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Douglas Elliman - Beverly Hills
Beverly Hills, California, United States
View agency profile
Last updated
July 2
First listed
Jul 2
Listing reference
26847683
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