**EXCLUSIVE INVESTMENT OPPORTUNITY: 4-Unit Income Property** Welcome to a veritable jewel nestled in West Hollywood's prestigious Norma Triangle neighborhooda pinnacle of Colonial Revival architecture that exudes timeless elegance and sophistication. This distinguished residence, spanning two lots, showcases the epitome of refined design and charm. This is a four unit property, and the largest two units are vacant. Discerning investors have the option to reside in one of these units or rent them for substantial returns with a compelling CAP rate. Steeped in a storied past, this remarkable property once served as the cherished wardrobe sanctuary for luminaries of Hollywood's Golden Era, including icons like Norma Talmadge, Bette Davis, Rita Hayworth, and Judy Garland. Rumor has it that the front porch itself graced the "Gone with the Wind" set. Through a discreet entrance, the family room of the main unit unfolds, enveloped in privacy by towering hedges and a gated threshold. Within, original hardwood flooring, meticulously handcrafted wainscoting, and a bespoke trellis ceiling set an exquisite stage. The grand living room offers soaring ceilings, opulent checkered marble floors, intricate woodwork, and an abundance of natural light streaming through oversized windows. Continuing the journey, the formal dining area seamlessly transitions into a fully renovated kitchen, adorned with pristine cabinetry, sumptuous soapstone countertops, a farmhouse sink, an expansive center island, and top-of-the-line appliances, including a Bertazzoni gas range.The primary bedroom beckons as a sanctuary of opulence, graced with custom-built shelving, an ample walk-in closet, gleaming hardwood floors, and three sets of French doors leading to a serene back porch. The adjoining spa-inspired en-suite bathroom features a freestanding soaking tub, adding an indulgent touch to everyday living.Supplementary amenities of the main unit include a dedicated office, a detached art studio, and a finished basement adaptable to one's desires, be it a private gym or versatile bonus space. The remaining three units are no less captivating, each offering one bedroom and one bathroom, complete with private gated entrances and inviting patios. This exceptional opportunity enjoys a prime location, just moments from Beverly Hills, and offers effortless access to West Hollywood's renowned shopping destinations, vibrant nightlife, and a plethora of gastronomic delights. Noteworthy establishments such as Dan Tana's, Bottega Louie, and Catch LA are all within your reach, elevating your lifestyle to unparalleled heights.
|DAYS ON MARKET||22||LAST UPDATED||9/11/2023|
|YEAR BUILT||1921||COMMUNITY||West Hollywood Vicinity|
|PROPERTY TYPE(S)||Residential Income|
|APPLIANCES||Dishwasher, Disposal, Dryer, Refrigerator, Washer|
|AREA||West Hollywood Vicinity|
|BUYER'S BROKERAGE COMPENSATION||2.500 %|
|LOT||6491 sq ft|
TOTAL MONTHLY PAYMENT
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 9/28/23 4:23 PM PDT and /or other sources. 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
This IDX solution is (c) Diverse Solutions 2023.
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