6326 Longview Avenue, Los Angeles, CA 90068

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Property Description

The rarity to own property within the iconic Hollywood Dell neighborhood paired with the long-term security & flexibility of both a premium duplex & sizable lot presents a strong, Los Angeles investment opportunity. The main structure is an updated duplex with both units occupied and near market rents. The upper unit is est. 1,000 sf and rented at $5,150/month - features 2 bedrooms, 2 bathrooms, living area with fireplace, separate dining room, kitchen, gated front yard & rear balcony with city views. The lower unit is est. 1,150 sf and rented at $4,263/month - features 1 bedroom, 1 large den, 2 bathrooms, living area with fireplace, enclosed porch, kitchen and private patio. The property offers abundant shared outdoor space for residents and an additional detached recreation room est. 407 sf (has Certificate of Occupancy) with 0.5 bathroom. Current annual Gross Operating Income is $113,234, Expenses are $35,914, and Net Operating Income is $77,320. The in-place cap rate is 4.69%. Square footage is estimated - buyer to verify.


Interior Features

Laundry Information
Location(s) Common Area, Laundry Room
Bedroom Information
Bedrooms 3
Bathroom Information
Bathrooms 4
Interior Information
Cooling Type Central Air

Listing Information

Address 6326 Longview Avenue
City Los Angeles
State CA
Zip 90068
County Los Angeles
Listing Agent Jorgi Paul DRE #02189631
Courtesy Of Pellego, Inc.
List Price $1,649,000
Status Active
Type Residential Income
Structure Size 2,539
Lot Size 8,953
Year Built 1940

Listing information courtesy of: Jorgi Paul, Pellego, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 5:43 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.