Gorgeous Duplex in Prime Hollywood
LukeJonesRE.com is proud to present this absolutely charming, turnkey property with incredible curb appeal and located in prime Hollywood and WeHo Vicinity, one of the hottest rental submarkets in Los Angeles.
This investment property is comprised of two gorgeous one bedroom, one bath units with Travertine Floors, Smooth Ceilings, Recessed Lighting, A/C, Granite Counter Tops, Laser Cut Screen Doors, Stainless Steel Appliances. Each unit has its own Laundry, Alarm System and lots of natural light with only one shared wall.
Both units are currently occupied and the Gross Operating Income is approximately $51,000 per year. Operating Expenses are extremely low since the tenants pay all utilities and there are no common areas.
Asking price is $849,000 which equates to an 15.7 GRM / 4.21 Market Cap and $594 / ft.
Perfect for an exchange buyer / investor looking for solid cashflow in an incredibly well maintained and stable income property in one of the best rental markets in LA. Could also work perfectly as an owner / occupier looking to get on the housing ladder and enjoy additional income to subsidize the mortgage. An awesome way to start on the path towards wealth building through the power of real estate.
For all enquiries call Luke Jones at LukeJonesRE.com - 310 435 4774 or send me an email - luke@lukejonesre.com
SOLD
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Rick Dergan VIEW PORTFOLIO
424.274.2533Rick@SoldByARIA.com
00972387
I have been in real estate for over 35 years. My experience and knowledge of the Los Angeles area set me apart from the other agents. I am not just any real estate agent. To be called a REALTOR, I have shown a higher level of knowledge and experience to assist you with your real estate needs. I help you negotiate and ultimately guide you through the entire transaction process. Providing the best customer service is a top priority for me.
Over the years I have created a network of real estate agents locally and nationally, which is an advantage to the consumer. Currently, I have ownership in four Keller Williams offices. My real estate career originally started in Hancock Park where I was in the top 25 realtors in the Los Angeles region. Over time I have expanded my business to the Santa Monica, Venice and Marina del Rey areas. For the past 15 years, I have been living and selling in beachside communities. I now have a team of professionals to serve our clients.