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    701 Lorraine Blvd

    Los Angeles, CA 90005
    • $2,690,000
    • STATUS: Active
    • ON SITE: 27 days
    • ID#: 21-757790
    UPDATED: 14 min ago
    $2,690,000
    • 8
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,218
      SQFT
    • $516
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1936
    County:

    School Ratings & Info

    Description

    Beautiful Hancock Park Windsor Village income property with lots of upsides. Well maintained and spacious 2 stories 4 units with charming original character. The 2 units are townhouse style and 2 units are open floor plans. One of the units is currently occupied by the owner and will be delivered vacant at the close of Escrow. All units have their own washer & dryers and separate electric & gas meters (tenants pay electric & gas). Possible ADU is available for the additional unit, buyers to verify with the city. Drive-by only. Do Not Disturb Tenants! showing subject to accepted offer with pre-approval and proof of fund. Text or email the listing agent for more information.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-04T09:42:30.103. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/119054827
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    701 Lorraine Blvd Los Angeles, CA 90005

    • Price: $2,690,000
    • Status: Active
    • Updated: 14 min ago
    • ID#: 21-757790
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    5,218
    SQFT
    $516
    $/SQFT
    1936
    Built
    Neighborhood:
    Hancock Park-Wilshire
    County:
    Los Angeles
    Area:
    Hancock Park-Wilshire
    Property Description
    Beautiful Hancock Park Windsor Village income property with lots of upsides. Well maintained and spacious 2 stories 4 units with charming original character. The 2 units are townhouse style and 2 units are open floor plans. One of the units is currently occupied by the owner and will be delivered vacant at the close of Escrow. All units have their own washer & dryers and separate electric & gas meters (tenants pay electric & gas). Possible ADU is available for the additional unit, buyers to verify with the city. Drive-by only. Do Not Disturb Tenants! showing subject to accepted offer with pre-approval and proof of fund. Text or email the listing agent for more information.
    Exterior Features

    Direction Faces East Levels Multi/Split Lot Size Area 7312 Other Structures None Parking Garage Detached Total Parking 4

    Interior Features

    Baths Total 6.00 Common Walls Attached Cooling Other Equipment DryerWasher Heating Other Laundry In Unit

    Property Features

    Assessed Total Value 2132820 Gross Income 11023 Gross Operating Income 132276 Land Lease Type Fee Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 97301.00 Number Of Buildings 1 Number Of Units 4 Owner Pays Water Rent Control YN Yes Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 34975 Type Of Units Income Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Young Kim DRE#01999152 of Masters Realty Group.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-04T09:42:30.103. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583