6326 Longview Avenue Los Angeles, CA 90068
The rarity to own property within the iconic Hollywood Dell neighborhood paired with the long-term security & flexibility of both a premium duplex & sizable lot presents a strong, Los Angeles investment opportunity. The main structure is an updated duplex with both units occupied and near market rents. The upper unit is est. 1, 000 sf and rented at $5, 150/month - features 2 bedrooms, 2 bathrooms, living area with fireplace, separate dining room, kitchen, gated front yard & rear balcony with city views. The lower unit is est. 1, 150 sf and rented at $4, 263/month - features 1 bedroom, 1 large den, 2 bathrooms, living area with fireplace, enclosed porch, kitchen and private patio. The property offers abundant shared outdoor space for residents and an additional detached recreation room est. 407 sf (has Certificate of Occupancy) with 0.5 bathroom. Current annual Gross Operating Income is $113, 234, Expenses are $35, 914, and Net Operating Income is $77, 320. The in-place cap rate is 4.69%. Square footage is estimated - buyer to verify.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site28 Days
- MLS StatusActive
- MLS ID Number24434007
- Home Size Source Estimated
- Year Built1940
- Lot Size0.2055 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Detached CarportDriveway
- Parking Spaces 2
- Number of Stories Multi/Split2
- Acreage 0.2055
- Attached Garage No
- Zoning LAR2
- Listing Conditions Standard
Interior Features
- Cooling Central Air
- Heating Central
- Appliances DishwasherMicrowaveRefrigeratorGas Cooktop
- Fireplace Features Living Room
- Laundry Features Washer IncludedDryer IncludedCommunityIndividual Room
- Fireplace Yes
Exterior Features
- View City Lights
- Spa No
- Pool Features None
- Spa Features None
- Patio And Porch Enclosed Glass PorchFront PorchRear Porch
Community Features
- Senior Community No
- MLS Area C30 - Hollywood Hills East