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Jack Williams

jackwilliamsrealtor@gmail.com +1(909) 231-9842

$2,200,000

Est. payment - /mo

5 Beds

5 Baths

3,150 SqFt

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Key Details

Property Type Single Family Home

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,150 sqft

Price per Sqft $698

MLS Listing ID 26830245

Bedrooms 5

HOA Y/N No

Year Built 1926

Lot Size 7,701 Sqft

Property Description

Experience the vibrant Los Angeles lifestyle in this stylish Spanish-style triplex, just a short stroll from The Grove, Pan Pacific Park, and some of the hottest restaurants along Melrose Avenue and Beverly Boulevard. This well-preserved property features three units, each with rare individual outdoor spaces and lush landscaping. The front house is an inviting 2-bedroom, 2-bathroom Spanish bungalow, complete with a fully equipped kitchen and a charming breakfast/office nook. Enjoy two beautiful outdoor areas adorned with mature bougainvillea and a flourishing lemon tree, perfect for relaxing or entertaining. The middle unit boasts a bright living room, dining area, and a primary bedroom with an ensuite bathroom, plus a cozy second bedroom that opens onto a private patio, ideal for al fresco dining. Nestled atop the Spanish duplex, the delightful third unit features a spacious balcony with lovely views of the hills. Enter through the balcony to discover a versatile bonus room, perfect for a home office or relaxation space. The kitchen opens to the living area, and the bedroom includes a large walk-in closet and an ensuite bathroom with a tub/shower. Additional highlights include in-unit washer/dryers, dedicated off-street parking with two garages and three additional spaces in the shared driveway, a new sewer installed in 2024, and solar panels for the front unit. All units are currently earning market rents with newly signed leases for 2025/2026. The subject parcel carries a (TOC) Tier 3 designation on a 7,700 sf lot with no HPOZ, no historic protections, and no overlay restrictions. This represents a clean development-ready parcel for up to 6 units and 2 ADU's in the highly desirable Fairfax corridor. Critically, the property's existing income of $137,280 annually provides positive cash flow throughout the entitlement period, materially reducing carrying cost risk for a development buyer. Don't miss this opportunity to own a versatile property that meets both lifestyle and investment needs in a prime location.

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LAR2

Interior

Interior Features Ceiling Fan(s), Walk-In Closet(s)

Heating Wall Furnace

Flooring Laminate, Tile, Wood

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan, Dryer, Washer

Exterior

Parking Features Door-Multi, Garage, Shared Driveway

Garage Spaces 2.0

Garage Description 2.0

Porch Front Porch

Total Parking Spaces 5

Building

Faces West

Entry Level Multi/Split

Architectural Style Spanish

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5525026022

Special Listing Condition Standard

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Listed by Mary Anne Reyes Pacifica Realty Management LA #01377077

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Jack Williams

+1(909) 231-9842

Agent | License ID: 01220043

Agent License ID: 01220043

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428 N Alta Vista BLVD Los Angeles, CA 90036

Jack Williams

Key Details

Location

Interior

Exterior

Building

Others

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