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Sharlotte Blake

sharlotte@laluxestates.com +1(323) 219-1101

$2,950,000

Est. payment - /mo

10 Beds

6 Baths

4,328 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,328 sqft

Price per Sqft $681

MLS Listing ID 26840527

Bedrooms 10

HOA Y/N No

Year Built 1914

Lot Size 0.455 Acres

Property Description

Bungalow Heaven! This unique property consists of 6 individual bungalow homes on a huge, gated lot (almost 20000 sf)! Each house is rich with original woodwork and character and has its own private, fenced yard. 3 of the units have been completely renovated within the past 2 years with all new electrical, plumbing, HVAC, kitchens, baths, flooring, etc.; 5 of the units just had new roofs installed and the 6th was inspected and certified. This property is located in the heart of Hollywood, within walking distance of the Metro, shopping and restaurants, but set back off a quiet tree-lined street creating a tranquil and private living environment. Everyone who has lived in these units love them and therefore there is very little turnover with several tenants staying over 20 years. The purchase of 6043-53 Selma Ave. is the perfect opportunity for an investor to acquire a centrally-located Hollywood gem with tremendous income upside potential as demand for residential rentals in this area continues to grow. This property could also be great candidate for a Tenants in Common (TIC) conversion.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR4

Interior

Interior Features Ceiling Fan(s)

Heating Combination, Wall Furnace, Zoned

Cooling Wall/Window Unit(s)

Flooring Laminate, Wood

Fireplace No

Appliance Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Dryer, Washer

Laundry Stacked

Exterior

Parking Features Assigned, Driveway, Guest, Gated, Private

Pool None

Community Features Gated

Total Parking Spaces 9

Private Pool No

Building

Entry Level One

Foundation Raised

Sewer Sewer Tap Paid

Architectural Style Bungalow

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5545007040

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

Special Listing Condition Standard

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Listed by Sergio Flores Compass #01450965

NEARBY SCHOOL & BUSINESS

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Sharlotte Blake

+1(323) 219-1101

Broker Associate | License ID: 02035876

Broker Associate License ID: 02035876

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Los Angeles, CA

6043 Selma AVE Los Angeles, CA 90028

Sharlotte Blake

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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6043 Selma AVE