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2041 N Vermont Ave | Los Angeles CA | 7199682583

Lane Aronson

This listing was posted on RealtyWW.

$9,500,000

Home For Sale In Los Angeles, California

Price:
$9,500,000
BR/BA:
7 BR, 10+ BA
Location:
2041 N Vermont Ave, Los Angeles, CA
Description:

This exquisite 32-unit residential income property stands out with gorgeous French Normandy design and ornate, architectural details. Located along Vermont, just below the hills of Los Feliz, the Griffith Observatory and just blocks from Los Feliz Village- this location couldn't be better. The property features 32 units, consisting of 8 beautiful (1 bedroom, view units with French windows) including a non-conforming, owner's unit with a fireplace and 24 charming studios (separate kitchens, dining areas and walk-in closets, which gives them more of a spacious feel). Each unit has charming details offering arched doors and doorways and beamed ceilings. The total building size is 22, 582 square feet per assessor. Los Feliz is a vibrant and exciting place to live with amazing cafes, restaurants, nightlife, world famous architecture and lots of hiking for outdoor enthusiasts. Centrally located close to Silver Lake, Hollywood and Downtown LA. Owning this incredible piece of history would be a once in a lifetime opportunity! Seller will consider a partial trade. Almost always 100% occupied, the owner has indicated that there is consistently a waiting-list to get into the building. Vacancies have historically been filled through word-of-mouth. The views, character and charm of the units, elevator, large laundry room and the current owner's maintenance record, make this a most attractive building for tenants. Anticipated upside of the rents is approximately 35-40% of current rents.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69275126
Property Type:
Single-Family Houses
Sq feet:
582 sq. ft.
Amenities:
Elevator, Fireplace
Posted:
March 10 on RealtyWW
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More About this Listing: Home For Sale In Los Angeles, California
Home For Sale In Los Angeles, California is a Seven Bedroom 10 Bathroom, 10+ BA, 31 Bathroom Single-Family Homes for Sale at 2041 N Vermont Ave in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 2041 N Vermont Ave by searching Oodle Classifieds for Seven Bedroom 10 Bathroom, 10+ BA, 31 Bathroom Single-Family Homes for Sale in Los Angeles CA.