Residential Income In Los Angeles

Easy Property to Manage - Great Location! - OWNER WILL CARRY YOUR LOAN = NO BANK FEES OR POINTS! BEST LOS FELIZ BLVD. LOCATION - RARELY ANY INVESTMENTS FOR SALE ON LOS FELIZ BLVD. 2 VACANT UNITS THAT CAN BE RENTED A MARKET RATE! Charming 5-Unit Investment Features Timeless Architecture & offers immediate Income with a strong upside potential! Well maintained & ideally located in a High-Demand Rental Area near Griffith Park, Silver Lake, & Hollywood. Let us begin with the Remarkable Owner’s Home which is on TWO LEVELS! Features include: 3 Bedrooms, 4 Bathrooms, plus a Huge Living Room Family Room Den plus 4 Wood Burning Fireplaces with about 2,000 sq. ft. of Living Space on that level! There is an Upstairs & a Downstairs to the Owner’s Home. The Upstairs part of the Owner’s Home has a Balcony that is curved at the front & a smaller curve at the Master Bedroom towards the rear of building. Features included for this Owner’s Home a notable Hand-Crafted Stunningly Large Custom Bay Window next to the Balcony at the rear of the Master Bedroom with Magnificent Views of the Los Feliz Hills! Also, the Owner’s Home has a Laundry Room access upstairs & when you go down the stairs to the Den Room you have a Wood Burning Fireplace & a Wet Bar & the additional Bathroom. AND THERE IS MORE! The Owner’s Home has French Doors leading to the rear yard area. It also has a Laundry Room for tenants, & there is also a second door from the Owner’s Home leading to the Laundry Room, which has a Washer & Dryer that tenants pay to use. The Master Bedroom has No Common Walls to the rest of the building, & below is the Den which leads to the rear yard area. Clearly, the Owner’s Home is very private! When you are in front of this magnificent Building the Front Bay Window is at the Family Room with a Large Wet Bar area, & the Second Bay Window at the Balcony is the Living Room. The Floor Plan is Amazing & quite Inviting, to say the least! It covers the One Bedroom Apartment downstairs (3765 Los Feliz Blvd.), & the Middle Apartment Downstairs (at 3761 Los Feliz Blvd.). Per the Ownership, there is about 700 sq.ft. for each Apartment, & about 1,400 sq. ft. for the Owner’s Home where there is the Master Bath, within the Master Bedroom area, & includes the First Floor Den/Room which per the ownership adds about another 600 sq. ft. to the Owner’s Home which is approx. 2,000 sq.ft.! And includes a Full Two Car Garage for the Owner’s Home, which is Separate & Features an Extended 2nd Garage Door to the rear of the Garage which can be additionally opened to fit even a Boat/Camper! The other 2 Double Garages allow 1 parking space for each of the other 4 apartments. The Closets of all the apartments are cedar lined so moths are not welcome! Most All Apartments have Fireplaces, & every unit has easy access to the Laundry Rm. There is Alley Access behind the property; Easy entry for parking. Easy Access to Los Feliz Blvd., easy access to Los Feliz Blvd. This Investment Opportunity is in one of L. A.’s strongest rental markets, Close to Bus, Parks, Shops, Dining, Tennis Courts, Golf Courses, Public Pool, The Greek Theatre, The Observatory, Grocery Stores, Movie Theaters, Hiking Trails, Banks, Shops, Medical Centers, The Zoo, Picnic Areas, Train Museum, The Park Merry-Go-Round, Freeways/easy access North & South! Los Feliz is well known for its Architectural Achievements with names including Rudolph Schindler, Richard Neutra, Frank Lloyd Wright & son, Lloyd Wright. This Investment has The True Architectural Touch as seen from curb-side viewing! Great Opportunity to own a Classic Investment in the Heart of Los Feliz, one of the City’s most Desirable Neighborhoods, which Rarely hit the Market! IT IS VERY RARE THAT Apartment Buildings become ’’For Sale’’ on Los Feliz Blvd.~~!! Not many, IF ANY, so this Remarkable Opportunity should be Seriously Considered!