$1,649,000
Duplex townhouse income property on a large 7,387-square-foot lot in the highly desirable Larchmont Village area. Rare side-by-side townhouse unit configuration featuring two spacious units of nearly 1,500 square feet each, complete with in-unit laundry and split-system HVAC upgrades, an extremely sought-after product for both investors and owner-users. Excellent upside in future cash flow and development potential, zoned LAR3, well suited for ADU addition, expansion, or future garage conversion, making this a strong value-add opportunity in central LA, while still situated in a nice, quiet neighborhood. Prime location near Larchmont Village shops, cafes, restaurants, and Hancock Park, with close proximity to Paramount Studios on Melrose. The property features original architectural details paired with modern updates. Upper levels offer two bedrooms, a hallway bathroom, and private patios overlooking the rear yard. Abundant storage throughout, including generous walk-in closet space. Two-car garage with attached storage located at the rear of the property. A rare opportunity to own a versatile income property with scale and long-term upside in one of Los Angeles' most in-demand rental markets. Currently tenant occupied.
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Listed by Jordan Rubinstein with Forward One (310) 623-1300
Property Type
Residential Income
Status
Active
MLS Number
26644755
Year Built
1923
Lot Size
7,388 sq ft