1306 Talmadge St - Apartments FOR SALE


Los Angeles, CA 90027- Los Feliz
$2,695,000 USD
213-792-6997
1306 Talmadge St, Los Angeles, CA for Sale
$2,695,000 USD
Apartments - FOR SALE
1/34
null | 6% Cap Rate

1306 Talmadge St
Los Angeles, CA 90027
Los Feliz


HIGHLIGHTS

  • Two duplexes in separate buildings
  • Common area courtyard
  • Updated kitchens & bathrooms
  • In-unit washer/dryer, fridge, dishwasher, oven/range
  • Strong market rents & great tenants
  • Completed junior ADU architectural drawings

OVERVIEW

Step into this exceptional investment opportunity or owner-occupant dream! This fully updated 4-plex features two duplexes housed in separate buildings, thoughtfully designed around a common area courtyard. With strong market rents, incredible tenants in place, and junior ADU architectural drawings and structural calculations already completed, this property offers turnkey ease and endless potential. Each of the four units has been fully modernized with updated kitchens and bathrooms, fresh interior flooring, and stylish new light fixtures. The exterior of both buildings shine with fresh paint, and the landscaped grounds enhance curb appeal. Every unit comes equipped with convenient in-unit amenities, including washer/dryers, refrigerators, dishwashers, and oven/ranges ensuring tenant satisfaction at every turn. Nestled at the gateway of Franklin Hills, this property is ideally located to enjoy the best of Los Angeles' vibrant culture while offering a serene community feel. Minutes from iconic destinations like Sunset Junction, Mendocino Farms, Lyric Cafe, and located within a top-tier school district. This property is perfect for owner occupied, tenants, and investors alike. Whether you're seeking reliable income or looking to generate passive income, this is your chance to own a piece of Franklin Hills' unique charm!

FOR SALE DETAILS

PRICE

$2,695,000 USD

PRICE/SF

$837 USD /SF

# OF UNITS

5

PRICE/UNIT

$539,000

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

LAR2

APN/PARCEL ID

5430-031-033

ASK ABOUT THIS PROPERTY

Dunia Handy GillColdwell Banker RealtyMore Info
213-792-6997

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Dunia Handy GillColdwell Banker RealtyMore Info
213-792-6997

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.