Listing Agent: Ellen Urman      Broker/Office: Nelson Shelton & Associates
844 Poinsettia Place N Los Angeles CA 90046
$ 1,849,000
  4   |    4   |    1991 Sq Feet

Listing ID

#25556967

Status

Active

Property Type

Single Family Residence

Property Style

Craftsman

County

Los Angeles

Year Built

1942

Days on website

2

Description
Price Improvement!!!!!!Attention all investors, developers and owner/users!! Opportunities knock for owning greatly appointed bungalow style duplex in LAR3 zoning with 3 bed 3 bath front unit and 1 bed 1 bath back unit. Property located in the Melrose neighborhood of LA on the border of West Hollywood. Both units in move in condition with granite countertops kitchens, tiled bathrooms, hardwood floors, central HVAC system, and ample amount of closet spaces. Separate water heaters, gas and electric meters, a tranquil backyard, and a garage with storage and small office. This is a fantastic opportunity for an Owner/User to live in one unit and use the rent from the tenants to offset their mortgage or a value-added operator who would construct ADUs to stabilize the property for a higher rate of return, or a developer, who can build multi units. Located in a vibrant and trendy Los Angeles neighborhood. This prime location offers residents easy access to lively nightlife, diverse entertainment venues, cultural hotspots, and trendy dining options for which the area is renowned. The area is densely populated and close proximity of trendy shops, delicious eateries, parks, and entertainment options.
Location
Financial Information
List Price:  $ 1849000
Property Features
Appliances:  Dishwasher
Furnished:  Unfurnished
Heating:  Central
Levels:  One
Parking Features:  Private, Storage
Senior Community YN:  false
Water Source:  Public
Senior Community YN:  false
MLS Area Major:  C10 - West Hollywood Vicinity
City:  Los Angeles
Listed By:   Ellen Urman   Nelson Shelton & Associates 
Co-listed by
Alla Zakharova  
CA Lic#