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234 S Vendome St | Los Angeles CA | 7268666230

Vanessa Yan

This listing was posted on RealtyWW.

$1,279,000

Home For Sale In Los Angeles, California

Price:
$1,279,000
BR/BA:
9 BR, 6 BA
Location:
234 S Vendome St, Los Angeles, CA
Description:

Sitting at the intersection of the Eastside's most desirable neighborhoods between Silver Lake and Virgil Village in vibrant Rampart Village is this very rare income producing triplex with a vacant and renovated detached main house. Nestled among a verdant and private front yard, the property has the most valuable configuration for owner-occupants and investors: a detached, move-in ready 3 bedroom/3 bath home in the front, complemented by a duplex at the rear. Upgrades to the main house include a brand new roof and central AC. The duplex, currently rented at $4413/month, consists of a 4 bedroom/2 bathroom unit upstairs and a 2 bedroom/1 bathroom unit downstairs. The front house, with a market rent potential of $4500/month, features high ceilings, vintage architectural details, a new kitchen, updated baths, paint and flooring. Even at current rates, the entire mortgage would be covered with over $1500/month positive income with just 20% down. Better yet, if living in the main house, an owner-occupant would have the majority of their mortgage covered. This is a stand out property because it offers a plethora of options, whether looking to reside, hold for investment, or for future redevelopment thanks to its highly coveted LARD 1.5 zoning and additional ADU potential for the 2-car garage. Centrally located with a WalkScore of 89 and minutes to shops, eateries, Silver Lake, Los Feliz, Echo Park and world class amenities in DTLA, this is an ideally located gem at the center of everything L.A. has to offer.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i71761192
Property Type:
Single-Family Houses
Amenities:
AC, Parking
Posted:
May 12 on RealtyWW
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More About this Listing: Home For Sale In Los Angeles, California
Home For Sale In Los Angeles, California is a 9 Bedroom 6.5 Bath Single-Family Homes for Sale at 234 S Vendome St in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 234 S Vendome St by searching Oodle Classifieds for 9 Bedroom 6.5 Bath Single-Family Homes for Sale in Los Angeles CA.