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    6820 Whitley Terrace

    Los Angeles (City), CA 90068
    • $1,995,000
    • STATUS: Active
    • ON SITE: 69 days
    • ID#: 21700788
    UPDATED: 54 min ago
    $1,995,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,818
      SQFT
    • $414
      $/SQFT
    Type:
    Multi-Family
    Built:
    2006
    County:

    School Ratings & Info

    Description

    Built in 2006, this offering is not subject to LA rent control and contains a good unit mix of one (1) one-bedroom/one-bathroom low-income unit, one (1) one-bedroom/one-bathroom unit, and three (3) two-bedroom/two-bathroom units. All of these character units are spacious and bright with plenty of closet/storage space and tons of windows letting in natural light. These large townhome units feature hardwood floors throughout, fresh paint, and spacious bedrooms with private bathrooms. Each unit comes fully equipped with central HVAC, washer and dryers in unit, stove/ovens, refrigerators, and dishwashers. Four (4) units come with large (20x24 ft) private storage space that can be used for music practice. These storage units/musical practice space have the potential to be converted into four (4) separate accessory dwelling units (ADUs). The well-maintained property features onsite laundry facilities and a small yard, perfect for barbequing and picnicking. The fenced-in building is located on a hillside, with view of Hollywood and on-site parking available. This property is exempt from LA city rent control but is still subject to statewide rent control. Situated in prime Whitley Heights, this offering presents a unique opportunity for an astute investor to acquire a non-rent controlled building built in 2006 in a prime submarket that rarely trades.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-13T14:39:32.25. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/114775226
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    6820 Whitley Terrace Los Angeles (City), CA 90068

    • Price: $1,995,000
    • Status: Active
    • Updated: 54 min ago
    • ID#: 21700788
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    4,818
    SQFT
    $414
    $/SQFT
    2006
    Built
    Neighborhood:
    C30 - Hollywood Hills East
    County:
    Los Angeles
    Area:
    C30 - Hollywood Hills East
    Property Description
    Built in 2006, this offering is not subject to LA rent control and contains a good unit mix of one (1) one-bedroom/one-bathroom low-income unit, one (1) one-bedroom/one-bathroom unit, and three (3) two-bedroom/two-bathroom units. All of these character units are spacious and bright with plenty of closet/storage space and tons of windows letting in natural light. These large townhome units feature hardwood floors throughout, fresh paint, and spacious bedrooms with private bathrooms. Each unit comes fully equipped with central HVAC, washer and dryers in unit, stove/ovens, refrigerators, and dishwashers. Four (4) units come with large (20x24 ft) private storage space that can be used for music practice. These storage units/musical practice space have the potential to be converted into four (4) separate accessory dwelling units (ADUs). The well-maintained property features onsite laundry facilities and a small yard, perfect for barbequing and picnicking. The fenced-in building is located on a hillside, with view of Hollywood and on-site parking available. This property is exempt from LA city rent control but is still subject to statewide rent control. Situated in prime Whitley Heights, this offering presents a unique opportunity for an astute investor to acquire a non-rent controlled building built in 2006 in a prime submarket that rarely trades.
    Exterior Features

    Architectural Style Modern Lot Features Back YardFront YardYard Parking Features Underground Pool Features None Pool Private YN No Spa Features None Spa YN No

    Interior Features

    Appliances DishwasherDisposalOvenRefrigerator Cooling Central Air Cooling YN Yes Fireplace Features Family Room Fireplace YN Yes Flooring TileWood Heating Central Heating YN Yes

    Property Features

    Community Features Gated Gross Income 130430 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 91816 Rent Control YN No Security Features Security GateGated Community Senior Community YN No Special Listing Conditions Standard Total Actual Rent 133536 Vacancy Allowance Rate 0 Zoning Lard1.5

    Listing provided courtesy of Jason Tuvia of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-13T14:39:32.25. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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