$1,150,000
Los Feliz bordering Silver Lake Fourplex - rare opportunity in Franklin Hills to own a 1920s Spanish Colonial Revival 4 unit property in one of Los Angeles’ most sought-after and supply-constrained rental markets. Positioned on a prominent corner lot along a quiet residential street with phenomenal views this living environment continues to drive strong tenant appeal and an Excellent opportunity for owner occupancy by living in one unit while utilizing the additional rental income to help offset mortgage payment in the highly coveted Los Feliz and Silver Lake submarkets. Feautures a 2-bedroom / 1-bath unit, Two 1-bedroom /1-bath unit and one studio unit, creating an attractive unit mix above a 5% cap rate for investors and potential owner-users alike. Features 2 garages, on-site laundry for supplemental income potential. Four tiered units Ideally situated just moments from Los Feliz Village, Sunset Junction, Hyperion corridor, Griffith Park, and some of LA’s most beloved cafes, restaurants, nightlife, and boutique retail destinations, the property continues to benefit from the area’s strong rental demand driven by lifestyle, walkability, and central connectivity. Convenient access to the 2, 5, and 101 freeways further enhances long-term desirability for both tenants and future ownership. Whether you are seeking a generational investment asset, expanding a multifamily portfolio, or securing a trophy character property in a premier Los Angeles neighborhood, 3901 De Longpre Ave presents a compelling opportunity to invest in one of the city’s most enduring and highly coveted rental corridors.
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Listed by JOSEPHINE SAN LUCAS with KELLER WILLIAMS LARCHMONT (323) 762-2600
Property Type
Quadruplex
Status
Active
MLS Number
MB26111565
Year Built
1921
Lot Size
4,352 sq ft