4354 Prospect Avenue
$1,395,000
4
2
1,560
1,560
$894
Description
Nestled in the heart of Los Feliz, this charming multi-family property offers a unique opportunity for savvy investors seeking rental income in one of Los Angeles' most desirable neighborhoods. The property features two detached Craftsman bungalows, each brimming with character and updated to meet modern standards. With a total of four bedrooms and two bathrooms spread across 1,560 square feet, these fully occupied units are currently home to wonderful tenants that are paying attractive rental rates....Nestled in the heart of Los Feliz, this charming multi-family property offers a unique opportunity for savvy investors seeking rental income in one of Los Angeles' most desirable neighborhoods. The property features two detached Craftsman bungalows, each brimming with character and updated to meet modern standards. With a total of four bedrooms and two bathrooms spread across 1,560 square feet, these fully occupied units are currently home to wonderful tenants that are paying attractive rental rates. The property's incredible location, just east of Hillhurst Avenue, places residents close to local attractions such as the iconic Vista Theater, Home Restaurant, and The Guest House. Each unit boasts its own laundry facilities, adding convenience for tenants and potentially increasing rental value. The gated property provides driveway parking for each unit, a coveted amenity in this bustling urban area. For those with an eye on future development, a detached converted garage comes with preliminary plans for an Accessory Dwelling Unit (ADU), offering potential for additional rental income. The property's Craftsman aesthetic lends a timeless appeal, while recent updates ensure modern comfort. With its prime location and strong rental potential, this multi-family gem presents an excellent opportunity for investors looking to expand their portfolio in one of LA's most vibrant communities. This property isn't just an investment; it's a slice of Los Feliz life, served up with a side of potential and a dash of charm.
- Listed by Corey Nelson • DRE #01462372 • Brokerage DRE #01834648 • Robust Real Estate
Property Details for 4354 Prospect Avenue
Zoning
LAR2
StyleCraftsman
Parcel Number5542004018
Total Units2.0
Living Area1560
Source Living AreaVendor Enhanced
AreaLos Feliz (637)
Vacancy Rate0
LISTING UPDATED: 10/21/2024 08:12 PM
Property Details for 4354 Prospect Avenue
Status | Active |
---|---|
MLS # | 24-414237 |
Days on Market | 101 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1915 |
Lot Size | 0.16 AC / 6,753 SF |
County | Los Angeles County |
Building Information for 4354 Prospect Avenue
Stories-Residences-Year Built1915Building Size-Lot Size0.16 AC / 6,753 SF
Property Information for 4354 Prospect Avenue
Property History for 4354 Prospect Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4354 Prospect Avenue
Taxable ValueLand$466,897Additions$182,674Total$649,571
Tax Record2024$8,109 ($676 / month)
Home Facts
Total Finished SqFt1,560 SqFtAbove Grade Finished SqFt1,560 SqFtLot Size6,751 SqFtStyleDuplexYear Built1915ZoningLAR2CountyLOS ANGELESAPN5542-004-018
Schools near 4354 Prospect Avenue
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 | |||
Public - | K to 2 |
Rating | School | Distance |
---|---|---|
Los Feliz STEMM Magnet PublicK to 5 | ||
Thomas Starr King Middle School Public6 to 8 | ||
John Marshall Senior High School Public9 to 12 | ||
Lexington Avenue Primary Center PublicK to 2 |
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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