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Dilbeck Real Estate
Real Living
818-790-6774

6921 PASEO DEL SERRA, LOS ANGELES CA, 90068

(Active)
$2,198,000
|
4,295 sqft
|
MLS# 13649833
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Listing Provided Courtesy Of: Keller Williams Rlty Westside
Last Updated: 4/17/2014 5:08 AM
Description for 6921 PASEO DEL SERRA LOS ANGELES, CA 90068
Attention Investors, Rehabbers, Builders, and Developers! 3 Duplexes on 3 lots in prime Hollywood Heights locale in original condition with expansive city views. Tucked away in a lushly landscaped tranquil environment, you feel like you're in the middle of the woods, though are only a few blocks away from the Hollywood shops, restaurants, entertainment, and nightlife. Steps to Yamashiro's Farmers Market on Thursdays, Hollywood Bowl, Hollywood & Highland, Runyon Canyon, and countless other amenities. All properties zoned R2. According to city zoning engineer, Baseline Hillside Ordinance does not apply here. Can rehab the property all at once or one building at a time to raise rents, or tear down one, two, or all to build new. Studio recently rehabbed. With about a 5.5% cap rate, this property has the ability to generate cash flow now, while you develop your plans, or simply as a long term investment with significant upside potential in rents. Seller is motivated. Make us an offer!
Price
$2,198,000
Los Angeles
4,295 (approx)
13649833
Active
Description
Attention Investors, Rehabbers, Builders, and Developers! 3 Duplexes on 3 lots in prime Hollywood Heights locale in original condition with expansive city views. Tucked away in a lushly landscaped tranquil environment, you feel like you're in the middle of the woods, though are only a few blocks away from the Hollywood shops, restaurants, entertainment, and nightlife. Steps to Yamashiro's Farmers Market on Thursdays, Hollywood Bowl, Hollywood & Highland, Runyon Canyon, and countless other amenities. All properties zoned R2. According to city zoning engineer, Baseline Hillside Ordinance does not apply here. Can rehab the property all at once or one building at a time to raise rents, or tear down one, two, or all to build new. Studio recently rehabbed. With about a 5.5% cap rate, this property has the ability to generate cash flow now, while you develop your plans, or simply as a long term investment with significant upside potential in rents. Seller is motivated. Make us an offer!
Listing Information
Property Type: Multi-Family
16,196 Sq. Ft. Estimated 4,295 (approx)
Estimated $511.76 1954
6 Total
Neighborhood
School Information
District: Los Angeles Unified
Room Information
Interior Features
Dishwasher, Dryer, Refrigerator, Range Hood, Range
Central Air, Air Cond. Unit
Central
Other
Exterior / Lot Features
Patio
6 Parking Spaces, 6 Covered Parking Spaces, Covered Parking, Assigned, On street
Other, Patio Open, Porch
LAR2
Driving Directions
West of Highland, North of Franklin, East of La Brea
Financial Considerations
5549021006
Cash, Cash To New Loan
Income ,$4,500
Semi Annually
Listing Price History

LOS ANGELES Real Estate

LOS ANGELES is located in California. LOS ANGELES, California 90068 has a population of  3,792,621.

The median household income in LOS ANGELES, California 90068 is $46,901. The median household income for the surrounding county is $52,874 compared to the national median of $50,935. The median age of people living in LOS ANGELES 90068 is 34.2 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Keller Williams Rlty Westside Dave Ockun
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved.
Information is deemed reliable but is not guaranteed.

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