Overview

Description

Welcome to this rare gem nestled in the coveted Wonderland School District of the Hollywood Hills, just minutes away from the Sunset Strip or the San Fernando Valley. This unique property offers two custom-built homes situated on one lot, providing an incredible opportunity to generate rental income, host family and friends, or create an at-home office/studio. Both homes have been updated with the finest appliances, fresh paint, and decorator finishes, making them move-in ready. The front home features 2 bedrooms & 2 bathrooms, an attached two-car garage, and parking pad. The primary suite boasts a view of the canyon, fireplace, vaulted ceilings, with the second bedroom accessing a deck overlooking the open courtyard that connects the two homes. Attached to the garage is a laundry room that leads to the private backyard. The second home offers a loft-style, 1 bedroom & 1.5 bathrooms with high ceilings, open floor plans, upgraded kitchen and bathroom, and French doors. Experience the historic Laurel Canyon lifestyle with this one-of-a-kind opportunity.

https://youtu.be/6VE-OhL9M6o
https://youtu.be/XvbOgTsm3Po

Highlights

• 5.49% Current Cap Rate
• $7,500 gross income per month
• Tenants pay all utilities
• 7.10% Proforma Cap

Documents

Location

Gallery