Residential Income In Los Angeles

Once in a generation opportunity to own this timeless 5 unit complex, perched in the storied hills of Beachwood Canyon right below the iconic Hollywood Sign. First time on the market in nearly 40 years, the compound consists of an approximately 1,700 square feet stand-alone 1912 two-story craftsman home, with 3 bedrooms and 2 baths, abundant light, style, privacy and multiple outdoor entertaining spaces, and a Mediterranean style, two-story 4 unit apartment building with one 2 bedroom, 2 bath unit, a one bedroom, one bath unit and two studios, all featuring vintage architectural details such as casement windows, plaster fireplace surrounds, wrought iron accents, and abundant natural light. This is the perfect owner/user opportunity to live in the house and rent out the units, or a terrific investment opportunity in a perennially popular rental location. House and two units will be delivered vacant and rent-ready. Surrounded by mature greenery, and set back from the street, the property is superbly located just steps to the iconic Beachwood Cafe & Market, Griffith Park and Franklin Village, with commuter friendly access to major hubs of commerce and entertainment.