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Ever Banuelos

ever.banuelos@gmail.com +1(323) 833-9824

$3,195,000

Est. payment - /mo

12 Beds

12 Baths

9,884 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,884 sqft

Price per Sqft $323

MLS Listing ID 26672285

Style French Normandy

Bedrooms 12

Year Built 1937

Lot Size 0.335 Acres

Acres 0.3352

Property Sub-Type Multi-Family

Property Description

First time on the market in over 65 years! This spectacular French Normandy courtyard style building has been held by the same family through 7 decades. Prize location, just 2 blocks from the legendary Chateau Marmont, at the east entry of the Sunset Strip. 8 generously proportioned units comprised of 4 -2 bedroom/ 2bath townhouse style units and 4- 1 bedroom/1 bath units sited on a lot of over 14000 square feet! Character abounds! Original stained glass living room windows, kitchens with floor to ceiling tiled walls, decorative fireplace mantles and iron work, warm original hardwood flooring in excellent condition, magnesite stairways. All units have their own rear service entrance as well as laundry hook-ups. Built in 1937, only 5 years after the Chateau was converted to a hotel, the history in these walls is palpable! Lovingly maintained, through the years. All of the main electrical boxes have been upgraded, 6 of the 8 units have had their interior panels upgraded. 80% of the plumbing supply lines have been replaced. 2 4-car garages at the rear with a remote operated gate offer ample and secure off-street parking for each unit. Income of almost $200,000 per year, yet room to grow by 50% with these 8 units alone, to say nothing of potential additional development opportunities afforded by the oversized lot! This is a trophy building in an iconic and upscale location waiting to reward your stewardship with income and genuine pride of ownership through the next several decades. Call agent for details.

Location

State CA

County Los Angeles

Area Sunset Strip - Hollywood Hills West

Zoning LAR3

Rooms

Other Rooms Other

Kitchen Tile Counters

Interior

Interior Features Crown Moldings

Heating Gravity

Cooling Wall/Window

Flooring Hardwood, Tile, Vinyl Tile

Fireplaces Type Decorative

Equipment Gas Dryer Hookup, Ceiling Fan, Stackable W/D Hookup

Laundry In Unit, Inside

Exterior

Parking Features Covered Parking, Garage - 4+ Car, Gated, Driveway

Garage Spaces 10.0

Pool None

View Y/N Yes

View Hills, City

Roof Type Asphalt, Rolled/Hot Mop

Building

Story 2

Sewer In Street Paid

Water Public

Architectural Style French Normandy

Level or Stories Two

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Larchmont

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Ever Banuelos

Team Leader | License ID: 01945384

+1(323) 833-9824 | ever.banuelos@gmail.com

8016 Selma Ave Los Angeles, CA 90046

Ever Banuelos

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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