$1,599,900
Perfect for owner occupant or investor! Live in the main front unit and pay your mortgage with the rental income from the other 3 units in back! Don't miss out on the opportunity to own this beautiful 4-unit property, perfectly situated in one of L.A.'s most sought-after neighborhoods in the heart of the desirable Atwater Village and adjacent Silver Lake. Located just minutes away from the popular Glendale Galleria, restaurants, entertainment, public transit and more, this quadruplex offers convenience and accessibility to its residents. The property consists of one 3-bedroom unit, two 1-bedroom units, and one studio. All of the units have been recently remodeled with brand new kitchens including quartz countertops, updated cabinetry and stainless steel appliances. All-new flooring has been installed throughout all 4 units, as well as fresh interior and exterior paint, new A/C wall units, and all-new bathrooms with upgraded vanities & fixtures, and brand new double pane windows. Brand new electrical panels and upgraded plumbing have been installed, and all 4 units have their own washer & dryer hookups as well! The front home is a very private 3 bedroom/1 bath home with a spacious gated front yard and a long gated driveway with plenty of parking space. The studio was newly built in 2024 and is situated between the front home and the two 1-bedroom units in back. Both 1-bedroom units have identical floor plans with one upstairs and one downstairs. All units are very private. There is a private gated parking area for tenants living in the back 3 units, along with a back patio common area for tenants to enjoy. The 3-bedroom unit can be great for an owner occupant or rented at market value for additional income. The other 3 units are currently leased at market rent with wonderful tenants (all single tenants, only one person in each unit). All tenants pay their own electricity, gas, and trash! Owner only pays for water & sewer (approx. $500/month). Located on a corner lot in a very quiet and peaceful neighborhood, just one block away from the popular Chevy Chase Recreation Center. Take advantage of all the amenities the center has to offer, including basketball courts (lighted/indoor), children's play area, handball courts (lighted), an indoor gym (with weights), a second indoor gym (without weights), several picnic tables, a small park, horseshoe pits, event kitchen, multipurpose sports field, patio seating, ping pong, event stage, TV lounging area, and more!
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Listed by Cameron Davis with The Elite Group (949) 350-0808
Property Type
Quadruplex
Status
Active
MLS Number
OC26008031
Year Built
1922
Lot Size
5,249 sq ft