5924 Hayes Ave, Los Angeles, Los Angeles County, CA, 90042 Los Angeles CA US

USD 1,349,000
For Sale MLS: 23-285417

Property Details

Bedrooms

4

Bathrooms

2

Neighborhood

Highland Park

Property Type

MultiFamily

Description

Welcome to this charming duplex located in the highly sought-after Highland Park Historic District. Situated on a spacious rare double lot of nearly 20,000 square feet, this Craftsman-style, 2-story duplex offers endless possibilities for a restoration or an expansion into a completely new development project. With a total of 2,118 square feet of living space, each unit within the duplex features a flexible floor plan that can accommodate either 2 or 3 bedrooms, allowing you to customize the layout to your preferences. One of the standout features of this property is the abundance of off-street parking, providing convenience for both residents and guests. This property also boasts beautiful lush views overlooking tree tops in the neighborhood from observation decks. Unit 5924 and 5926 are both currently occupied, generating a rental income of $5250 per month. Property may be under the City of Los Angeles Rent Stabilization Ordinance. Buyer to investigate and satisfy themselves as to any restrictions that may apply. Please do not disturb occupants. No showings. Will try to arrange for a showing in escrow. Buyer to conduct all necessary investigations. Buyer agrees to cooperate in a 1031 exchange. All Offers due by July 14th, 2023. Find out more about this property. Request details here

Location

Address

5924 Hayes Avenue, Los Angeles, California 90042, United States

City

Los Angeles

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