Los Angeles, CA 90068,6326 Longview Ave
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Los Angeles, CA 90068,6326 Longview Ave
Los Angeles, CA 90068,6326 Longview Ave
Los Angeles, CA 90068,6326 Longview Ave
Los Angeles, CA 90068,6326 Longview Ave
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$ 1,649,000
Est. payment /mo
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Price Dropped by $51K

6326 Longview Ave Los Angeles, CA 90068

3 Beds

4 Baths

2,539 SqFt


UPDATED:

09/27/2024 01:21 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,539 sqft

Price per Sqft $649

MLS Listing ID 24-434007

Bedrooms 3

Year Built 1940

Lot Size 8,953 Sqft

Acres 0.2062

Property Description

The rarity to own property within the iconic Hollywood Dell neighborhood paired with the long-term security & flexibility of both a premium duplex & sizable lot presents a strong, Los Angeles investment opportunity. The main structure is an updated duplex with both units occupied and near market rents. The upper unit is est. 1,000 sf and rented at $5,150/month - features 2 bedrooms, 2 bathrooms, living area with fireplace, separate dining room, kitchen, gated front yard & rear balcony with city views. The lower unit is est. 1,150 sf and rented at $4,263/month - features 1 bedroom, 1 large den, 2 bathrooms, living area with fireplace, enclosed porch, kitchen and private patio. The property offers abundant shared outdoor space for residents and an additional detached recreation room est. 407 sf (has Certificate of Occupancy) with 0.5 bathroom. Current annual Gross Operating Income is $113,234, Expenses are $35,914, and Net Operating Income is $77,320. The in-place cap rate is 4.69%. Square footage is estimated - buyer to verify.

Location

State CA

County Los Angeles

Area Hollywood Hills East

Zoning LAR2

Rooms

Other Rooms Other

Dining Room 1

Interior

Interior Features Built-Ins

Heating Central

Cooling Central

Fireplaces Type Living Room

Equipment Dryer, Dishwasher, Washer, Refrigerator, Range/Oven, Microwave

Laundry Community, Laundry Area, Room

Exterior

Garage Carport Detached, Driveway

Garage Spaces 2.0

Pool None

View Y/N Yes

View City

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Pellego, Inc.