615 N Plymouth Blvd - Multi-Family FOR SALE


Los Angeles, CA 90004- Hancock Park
$1,695,000 USD
310-435-3926
615 N Plymouth Blvd, Los Angeles, CA for Sale
$1,695,000 USD
Multi-Family - FOR SALE
1/21
null | 3.01% Cap Rate

615 N Plymouth Blvd
Los Angeles, CA 90004
Hancock Park


HIGHLIGHTS

  • Large Lot and Large Units. Desirable side by side Townhouse configuration
  • ADU expansion/conversion potenital. LAR3 zoning
  • Larchmont Village / Hancock Park / Paramount Studios . Location, Location

OVERVIEW

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 with two spacious units at nearly 1,500 square feet each with in unit laundry and split system HVAC upgrades, an extremely sought 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 , but a nice walking quiet neighborhood. Prime location within walking distance to Larchmont Village shops, cafes, and restaurants, and Hancock Park. 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, walkability, and long term upside in one of Los Angeles' most in demand rental markets.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$577 USD /SF

# OF UNITS

2

PRICE/UNIT

$847,500

CAP RATE

3.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Larchmont Village Duplex Townhouse Property

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,387 SF

ZONING

LAR3

APN/PARCEL ID

5523-023-004

ASK ABOUT THIS PROPERTY

Jordan RubinsteinCentury Park Realty, Inc.More Info
310-435-3926

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

Jordan RubinsteinCentury Park Realty, Inc.More Info
310-435-3926

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