1716 Winona BLVD, Los Angeles, CA 90027
1716 Winona BLVD, Los Angeles, CA 90027
1716 Winona BLVD, Los Angeles, CA 90027
1716 Winona BLVD, Los Angeles, CA 90027
1716 Winona BLVD, Los Angeles, CA 90027
1716 Winona BLVD, Los Angeles, CA 90027
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$ 1,595,000
Est. payment | /mo

10,497 Sqft Lot


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$ 1,595,000
Est. payment | /mo
Save

10,497 Sqft Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD26150142

HOA Y/N No

Year Built 1921

Lot Size 10,497 Sqft

Property Sub-Type Apartment

Property Description

Great opportunity to purchase an investment property at a price significantly below replacement cost. Comprised of 5units.Offers approximately 8,000 sqft of building area on a 10,500 sqft lot. Tremendous upside in rental income and long-term appreciation in a prime location. The property features four front units all 2 bedroom 1 bathroom. Owners unit consists of two stories, totaling 3 bedrooms 2 bathrooms in total, two living rooms and ample parking.
Each unit includes the convenience of in-unit laundry. Several units have been upgraded with split-system HVAC, and the remaining units are equipped with wall A/C units.
Currently, 3 of the 5 units are tenant occupied. Owners unit in the back and one front unit will be vacant at close of escrow. This property is an outstanding value-add opportunity for investors looking to maximize returns. The spacious units, strong rental demand, and significant rental upside make this an ideal long-term investment.

The property also offers **potential to add an ADU (Accessory Dwelling Unit)**, subject to buyer verification with the City and all applicable governmental agencies, creating an additional opportunity to increase future income.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Pool None

Community Features Curbs

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5544012040

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Pakrad Markarian Remax Optima 818-207-9999, DRE #00952259

NEARBY SCHOOLS & PROPERTIES

Tony English

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 463-1085

tonyenglish@me.com

28391 Sheridan Dr, Niguel, California, 92677, United States

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1716 Winona BLVD