1964 Palmerston PL

LOS FELIZ, CA, 90027

$2,150,000

$592 per ft²
$2,150,000
$592 per ft²
Active
Active
 - For Sale
beds
4 Beds
baths
3 Baths
carpenters-square
3,626 ft²
property_type
Multi-family
calendar
Built 1936
Bread and Butter -True Pride of Ownership Triplex in a fabulous location of the solid and trendy Los Feliz area of Los Angeles. With Potential for an ADU more revenue to come. Architecturally designed with that Beautiful Classic flair from 1936. With the original Solid Hardwood floors, original custom Tiles throughout. The Property has been meticulously maintained with items such as Termite work clearance in 2018 , New Roofing and Gutter in 2019, New Electrical work throughout of the home 2019/ Replacement of Plumbing , Water Heater , Heating ducts and Vents 2020 / New paint throughout the Exterior 2021. Excellent and stable tenants make this one a solid revenue winner. Unit Mix consists of a Lower level 2 bedroom, 1 bath / Upstairs 2 bed 1 bath with loft and Upstairs studio. Each unit has it s own Single Garage Space with Storage. Lots of upside potential to reposition this rent-controlled building into the near-luxury market. Excellent long-term potential for the most discerning investment portfolio/buyer. Low expenses. Very long-term tenants. 100% occupied; rarely turnover. Gorgeous setting and grounds. Los Feliz encompasses incredible architecture, walk able commercial district, and diversity of culture; it is considered in the central region of Los Angeles abutting Hollywood, encompassing part of the Santa Monica Mountains and rests just below the southern hills of Griffith Park.
MLS® ID:
PV22222830MR
Listed:
10/13/22
Updated:
12/1/22

Interior Features

Total Bedrooms
4
Total Bathrooms
3
Laundry Description
Inside

Exterior/Building Features

Lot Size
6,738 ft² lot
Sewer
Public Sewer

Other Property Details

Garage
Yes
Garage Spaces
3
Parking
Y
Parking Total
3.0
View
N
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Zoning
LAR2

Property History

Date
Event
Price
Value
11/6/22
Price Change
$2,150,000
-2%

Courtesy of Luxury PV Realty, Victor Liu,
Listing Contact:  

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©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/1/22

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