בַּיִת | למכירה Parklabrea קליפורניה

We are proud to announce the exclusive listing for sale of 747 North Wilton Place, Los Angeles, CA 90038, a beautiful, renovated and delivered vacant duplex located in world-famous Hollywood. There are two structures on the property, a large side-by-side duplex and a two-car garage (which can be converted to an ADU), and there is an immense front yard and backyard space (perfect for adding more privacy for tenants), and/or accommodating multiple parking spaces in the front and back. This property is extremely well-maintained, and better yet, it underwent a top to bottom renovation from the inside and out over the last two years. The property is charming from the outside, but incredibly updated on the inside.The duplex consists of two two-bedroom / two-bathroom units with about 900 SF each. The total building square footage is 1,800 and is located on a 6,074 square foot lot, zoned LAR2. Though the property will be delivered vacant to you, the Seller has rented both units to long-term corporate and business travelers, which has averaged $4,100 per month, per unit, over the last two years.Based on these financials (or just renting to a standard long-term tenant), this will provide you with an amazing 5.7% cap rate and 4.7% cash-on-cash return (which is unheard of in this type of neighborhood). 747 Wilton is located in prime Hollywood, near Hancock Park, Larchmont Village and world-famous Paramount Studios. Corporate and business travelers, and local renters love everything prime Hollywood and its surrounding neighborhoods have to offer. Do not miss this incredible opportunity to buy a fully renovated duplex in one of the most famous cities in the world, which will be delivered vacant to you and make you an huge amount of money. MLS® ID: 22197971 Listed: 9/8/22 Updated: 10/4/22 Interior Features Total Bedrooms: 4 Total Bathrooms: 4 Exterior/Building Features Lot Size: 6,074 ft2 lot Architectural Style: Bungalow Lot Details: Back Yard, Front Yard, Lawn, Yard Sewer: Other Other Property Details Area Name: C20 - Hollywood Garage: No Parking: Driveway Parking Total: 4.0 View: N County: Los Angeles Pool: No Total Stories: 1 Zoning: LAR2 Property History Date Event Price Value 9/29/22 Price Change $1,300,000 104% Listed by David Bramante, Levine Realtors, Based on information from California Regional Multiple Listing Service, Inc. as of 10/4/22. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.