840 N Poinsettia Pl, Los Angeles, CA 90046

$1,887,000
4
BD
4
BA
1,991
SqFt

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List Price
$1,887,000
Price Change
▼ $10,000 1782513296
MLS#
26660339
Year Built
1942
Bedrooms
4
Bathrooms
4
Living Sq. Ft
1,991
Lot Size
7,620
Days on Market
151
Property Type
Single Family Residential
Style
Craftsman
Stories
1

Property Description

Attention all investors, developers and owner/users!! Opportunities knock for owning greatly appointed bungalow style duplex in LAR3 zoning with 3 bed 3 bath front unit and 1 bed 1 bath back unit. Property located in the Melrose neighborhood of LA on the border of West Hollywood. Both units in move in condition with granite countertops kitchens, tiled bathrooms, hardwood floors, central HVAC system, and ample amount of closet spaces. Separate water heaters, gas and electric meters, a tranquil backyard, and a garage with storage and small office. This is a fantastic opportunity for an Owner/User to live in one unit and use the rent from the tenants to offset their mortgage or a value-added operator who would construct ADUs to stabilize the property for a higher rate of return, or a developer, who can build multi units. Located in a vibrant and trendy Los Angeles neighborhood. This prime location offers residents easy access to lively nightlife, diverse entertainment venues, cultural hotspots, and trendy dining options for which the area is renowned. The area is densely populated and close proximity of trendy shops, delicious eateries, parks, and entertainment options.

Additional Information

Other Buildings
Other
Pool Description
None
Heat
Central
Cooling
Air Conditioning, Central
View
None
Number of Cars in Garage
Garage Is Detached, Private Garage, Driveway Gate, Built-In Storage
Garage Spaces Total
2
Water
District

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Calculator source: Real Geeks

Courtesy of Nelson Shelton & Associates, Ellen Urman - CA DRE#01291855

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