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2042 N Las Palmas Ave

Los Angeles, CA 90068
  • $1,469,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 21-797930
UPDATED: 36 min ago
$1,469,000
  • 4
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,804
    SQFT
  • $814
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1921
County:

School Ratings & Info

Description

OPPORTUNITY AWAITS - Priced out of the Single Family market ? This secluded Hollywood Hills duplex offers pride of ownership AND solid income in one package. Two units means extra income to make those mortgage payments. Each unit has its own separate entrances, no common walls, and each with a private patio for outdoor dining or just relaxing after a long day. Each is 1,100 sq. ft. with the owner's unit offering 2 beds +2 baths ensuite with walk-in closets and tree top views. The 2nd unit features remodeled kitchen, hardwood floors, and long term tenant paying market rate rents. Close to Lake Hollywood, Runyon Canyon and the Hollywood Bowl its the perfect location for taking advantage of all Southern California has to offer. Check out the Virtual Tours, with the 2042 1/2 tour on the property website link. When visiting for an Open House or a scheduled appointment please do not park in or block the driveway / garage. Ample parking in the Hollywood Bowl lot at the corner of Milner and Highland

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-08T12:42:53.23. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/122682859
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2042 N Las Palmas Ave Los Angeles, CA 90068

  • Price: $1,469,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 36 min ago
  • MLS #: 21-797930
4
Beds
0
Baths
0
½ Baths
0.08
Acres
1,804
SQFT
$814
$/SQFT
1921
Built
Neighborhood:
Hollywood Hills East
County:
Los Angeles
Area:
Hollywood Hills East
Property Description
OPPORTUNITY AWAITS - Priced out of the Single Family market ? This secluded Hollywood Hills duplex offers pride of ownership AND solid income in one package. Two units means extra income to make those mortgage payments. Each unit has its own separate entrances, no common walls, and each with a private patio for outdoor dining or just relaxing after a long day. Each is 1,100 sq. ft. with the owner's unit offering 2 beds +2 baths ensuite with walk-in closets and tree top views. The 2nd unit features remodeled kitchen, hardwood floors, and long term tenant paying market rate rents. Close to Lake Hollywood, Runyon Canyon and the Hollywood Bowl its the perfect location for taking advantage of all Southern California has to offer. Check out the Virtual Tours, with the 2042 1/2 tour on the property website link. When visiting for an Open House or a scheduled appointment please do not park in or block the driveway / garage. Ample parking in the Hollywood Bowl lot at the corner of Milner and Highland
Exterior Features

Direction Faces West Levels Two Lot Description Fenced Yard Lot Location Hillside Lot Size Area 3586 Other Structures None Parking Garage Driveway Total Parking 2 View Description CanyonCity LightsTrees/Woods View YN Yes

Interior Features

Bathroom Features Double Shower Baths Total 3.00 Bedroom Features Walkincloset Common Walls Attached Cooling Central Equipment DishwasherGas Dryer Hookup Fireplace Rooms Family RoomDecorative Flooring Mixed Heating Central Laundry In KitchenLaundry Closet Stacked Laundry Equipment Own

Property Features

ADACompliance No Assessed Total Value 756599 Gross Income 104400 Gross Operating Income 104400 Like Units1 1 Like Units2 1 Net Operating Income 88300.00 Number Of Buildings 1 Number Of Units 2 Sale Type Standard Security Features Smoke Detector Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 16100 Type Of Units Duplex Year Built Source Vendor Enhanced Zoning Lar1

Listing provided courtesy of Timothy Meinelschmidt DRE#01893861 of Keller Williams Larchmont.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-08T12:42:53.23. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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