Active

4354 Prospect Avenue

Los Angeles CA, 90027

$1,395,000


$894.23 per sqft

Active

4 Beds

2 Baths

1,560 sqft

Residential

Built in 1915

Listed by Corey Nelson with Robust Real Estate 310-927-0095

Nestled in the heart of Los Feliz, this charming multi-family property offers a unique opportunity for savvy investors seeking rental income in one of Los Angeles' most desirable neighborhoods. The property features two detached Craftsman bungalows, each brimming with character and updated to meet modern standards. With a total of four bedrooms and two bathrooms spread across 1,560 square feet, these fully occupied units are currently home to wonderful tenants that are paying attractive rental rates. The property's incredible location, just east of Hillhurst Avenue, places residents close to local attractions such as the iconic Vista Theater, Home Restaurant, and The Guest House. Each unit boasts its own laundry facilities, adding convenience for tenants and potentially increasing rental value. The gated property provides driveway parking for each unit, a coveted amenity in this bustling urban area. For those with an eye on future development, a detached converted garage comes with preliminary plans for an Accessory Dwelling Unit (ADU), offering potential for additional rental income. The property's Craftsman aesthetic lends a timeless appeal, while recent updates ensure modern comfort. With its prime location and strong rental potential, this multi-family gem presents an excellent opportunity for investors looking to expand their portfolio in one of LA's most vibrant communities. This property isn't just an investment; it's a slice of Los Feliz life, served up with a side of potential and a dash of charm.

24414237

MLS ID

July 22, 2024

Listed

September 4, 2024

Updated

Map

4354 Prospect Avenue
Los Angeles CA, 90027

Interior Features

Total Stories

1


Bedrooms

4


Total Bathrooms

2


Interior Features

Ceiling Fan(s)


Appliances

Microwave, Range


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Floor Furnace

Exterior/Building Features

Lot Size

0.16 Acres


Architectual Style

Craftsman

Other Property Details

Area Name

637 - Los Feliz


Days on Market

38


Garage

No


Parking

Driveway


Parking Total

4


View

No


County

Los Angeles


Pool

No


Zoning

LAR2

Listing Contact: 833-762-8781 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/4/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/4/2024 at 3:59 PM UTC

 

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