Listing provided courtesy of Nicole Apostolos of Equity Union. Last updated 2024-11-24 09:14:51.000000. Listing information © 2024 CRMLS.
Asking Price: $2,300,000
4950 Beverly, Los Angeles CA 90004
Community: C18 - Hancock Park-Wilshire
Status: Active
This property was built in 1939 and is priced at $2,300,000. Please see the additional details below.
Well-maintained & charming 5,964 square foot building situated on a large 10,080 square foot LAR3 zoned lot. The property is made up of eight (8) very spacious one (1) bedroom & one (1) bathroom units, each averaging 745 square feet. Two units have been upgraded with newer flooring, kitchens, bathrooms and washer and dryers in unit. Upper units have views of the Hollywood sign. One unit will be delivered VACANT! There is ADU potential and tremendous rental upside. The property is separately metered for gas & electricity with separate hot water heaters. The property had a new roof installed in 2023! There are seven (7) garage parking spaces! Very secure gated building with facial recognition entry for all tenants. Extremely well located in the highly-coveted Larchmont area on Beverly Blvd. between Wilton Pl. & Larchmont Blvd. The property is just steps away from Robert Burns Park & the trendy restaurants and shops district located on Larchmont Blvd. Local restaurants include Great White, Osteria Mamma, Pour Vous, Levain Bakery, and more! Moreover, this central location provides easy access to all of the employment, dining, and entertainment opportunities that Hollywood has to offer! The subject property is located in the City of Los Angeles and is subject to LA Rent Control.