2060 High Tower Drive

Los Angeles, CA 90068

$3,499,000
Price
6
Beds
6
Baths
3,200 Sq. Ft.
$1,093 / Sq. Ft.
3,200
Sq. Ft.
$1,093
per Sq. Ft.

Description

This is a RARE opportunity to own a stunningly renovated, FULLY VACANT TRIPLEX in the prestigious Hollywood Hills, perfect for both an owner-user or savvy investor. This spacious poolside property, generating an estimated annual income of $201,600, balances tranquility and urban convenience. Just minutes from Hollywood's heart, the Hollywood Bowl, and the iconic Sunset Strip, it offers the best of both worlds. Residents will enjoy exclusive hillside access, ensuring minimal noise and foot traffic...This is a RARE opportunity to own a stunningly renovated, FULLY VACANT TRIPLEX in the prestigious Hollywood Hills, perfect for both an owner-user or savvy investor. This spacious poolside property, generating an estimated annual income of $201,600, balances tranquility and urban convenience. Just minutes from Hollywood's heart, the Hollywood Bowl, and the iconic Sunset Strip, it offers the best of both worlds. Residents will enjoy exclusive hillside access, ensuring minimal noise and foot traffic while staying close to top attractions. Each unit has been newly renovated and meticulously maintained, offering a pristine, blank canvas for the new owner. The property boasts ample parking with a two-car garage and long driveway. Don't miss your chance to own a piece of sought-after Hollywood Hills real estate and unlock the full potential of this exceptional triplex.
  1. Listed by Aaron Burnham • DRE #02136065 • Brokerage DRE #01237359 • Link Brokerages

Property Details for 2060 High Tower Drive

Water Front
None
Zoning
LAR2
Style
Spanish
Parcel Number
5549029008
Total Units
3.0
Living Area
3200
Source Living Area
Estimated
Area
Sunset Strip - Hollywood Hills West (C03)
LISTING UPDATED: 10/27/2024 01:03 PM

Property Details for 2060 High Tower Drive

StatusActive
MLS #24-435501
Days on Market71
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1925
Lot Size0.20 AC / 8,621 SF
CountyLos Angeles County

Building Information for 2060 High Tower Drive

Stories1Residences-Year Built1925Building Size-Lot Size0.20 AC / 8,621 SF

Property Information for 2060 High Tower Drive

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 3
  • Type Of Units: 3
  • View: Yes
  • View Description: Hills, Pool, City Lights, Peek-A-Boo, Mountains
  • View: Hills, Pool, City Lights, Peek-A-Boo, Mountain(s)
  • Security Features: 24 Hour, Gated
  • Property Condition: Updated/Remodeled
  • Water: District
  • Sewer: In Street
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Conventional, Cash
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $201,600
  • Net Operating Income: $149,481.00
  • Gross Income: $201,600
  • Cap Rate: 4.27%
  • Gross Rent Multiplier: $17.30
  • Financial Info as Of: 09/06/2024
  • Total Annual Expense: 52118
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1979
  • Lot Size Square Feet: 8621
  • Lot Features: Back Yard, Yard, Front Yard
  • Lot Description: Back Yard, Yard, Street Paved, Front Yard, Automatic Gate
  • Lot Location: Hillside
Parking Details
Parking Details
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 5
  • Covered Parking: 2
  • Open Other Spaces Total: 3
  • Garage Spaces Total: 2
  • Parking Features: Driveway, Garage - Two Door
Interior Features
Interior Features
  • Room Type: Walk-In Closet, Utility Room, Entry, Family Room, Primary Bathroom
  • Rooms: Walk-In Closet, Utility Room, Patio Open, Entry, Family Room, Master Bedroom, Pantry, Dining Area, Dining Room, Breakfast Area
  • Levels: Multi/Split
  • Fireplace Features: Bath, Family Room, Dining Room, Electric, Gas, Kitchen, Living Room, Primary Bedroom, Patio
  • Fireplace Rooms: Bath, Family Room, Dining, Electric, Gas, Kitchen, Living Room, Master Bedroom, Patio
  • Den: No
  • Family Room: 1
  • Dining Room: 1
  • Cooling: Central Air
  • Cooling Type: Air Conditioning, Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Wood
  • Equipment: Dryer, Dishwasher, Washer, Refrigerator, Range/Oven, Freezer, Barbeque, Ice Maker, Microwave, Ceiling Fan, Garbage Disposal
  • Interior Features: Ceiling Fan(s)
  • Kitchen Features: Counter Top
  • Cooking Appliances: Cooktop - Gas
  • Laundry: Inside
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: In Ground, Private
  • Pool Features: In Ground, Private
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Door Features: Sliding Doors
  • New Construction: No
  • Other Structural Features: Balcony, Sliding Glass Doors
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-09-2024
  • Rent Control: No
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $6,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $6,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,800.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
  • Number Leased: 0
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $232,630.00
  • Assessed Improvement Percent: 62.64
  • Assessed Land Value: $138,718.00
  • Assessed Land Percent: 37.36
  • Assessed Total Value: $371,348.00

Property History for 2060 High Tower Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2060 High Tower Drive

Taxable ValueLand$141,492Additions$237,282Total$378,774
Tax Record2024$5,275 ($440 / month)
Home Facts
Total Finished SqFt3,046 SqFtAbove Grade Finished SqFt3,046 SqFtLot Size8,618 SqFtStyleTriplexYear Built1925ZoningLAR2CountyLOS ANGELESAPN5549-029-008

Schools near 2060 High Tower Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Gardner Street Elementary School
PublicK to 5

Hubert Howe Bancroft Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

Larchmont Charter School
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2060 High Tower Drive is a multi-family home for sale in Los Angeles, CA 90068. This property was listed for sale on September 8, 2024 by Link Brokerages, it's currently listed at $3,499,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Gardner Street Elementary School, Hubert Howe Bancroft Middle School and Hollywood Senior High School. 2060 High Tower Drive is a 6-bed, 6-bath, 3,200 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Link Brokerages, Aaron Burnham, DRE #02136065

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.