3666 Regal Place

    Los Angeles (City), CA 90068
    • $2,000,000
    • STATUS: Active
    • ON SITE: 149 days
    • ID#: 18366814
    UPDATED: 66 min ago
    $2,000,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,476
      SQFT
    • $575
      $/SQFT
    Type:
    Multi-Family
    Built:
    1951
    County:

    School Ratings & Info

    Description

    PRICE REDUCED BY $250,000! We are pleased to present 3666 Regal Place - a five (5) unit multifamily investment opportunity located in prime Hollywood Hills. This two story wood frame stucco building consists of 3,476 SF of living area and is situated on a 6,567 SF lot zoned LARD1.5. Further, the owner may carry the financing on the new 1st Trust Deed.This property features: One (1) Two Bedroom / Two Bath unit and Four (4) One Bedroom / One Bath units. This pride of ownership property boasts spacious floor plans with hardwood and tile floors, granite counter tops, newer appliances, and central HVAC. Additionally, the property is individually metered for both gas and electricity and provides an owned on-site laundry room for additional income. The owner has installed tankless water heaters in some of the units, gated entry with intercom system, updated and improved the landscaping, and replaced 50% of the roof. Lastly, the property provides six (6) parking spaces.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-16T20:27:09.063. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.impactca.com/homes/85777792

    3666 Regal Place Los Angeles (City), CA 90068

    • Price: $2,000,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: 18366814
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,476
    SQFT
    $575
    $/SQFT
    1951
    Built
    Neighborhood:
    C03 - Sunset Strip - Hollywood Hills West
    County:
    Los Angeles
    Area:
    C03 - Sunset Strip - Hollywood Hills West
    Property Description
    PRICE REDUCED BY $250,000! We are pleased to present 3666 Regal Place - a five (5) unit multifamily investment opportunity located in prime Hollywood Hills. This two story wood frame stucco building consists of 3,476 SF of living area and is situated on a 6,567 SF lot zoned LARD1.5. Further, the owner may carry the financing on the new 1st Trust Deed.This property features: One (1) Two Bedroom / Two Bath unit and Four (4) One Bedroom / One Bath units. This pride of ownership property boasts spacious floor plans with hardwood and tile floors, granite counter tops, newer appliances, and central HVAC. Additionally, the property is individually metered for both gas and electricity and provides an owned on-site laundry room for additional income. The owner has installed tankless water heaters in some of the units, gated entry with intercom system, updated and improved the landscaping, and replaced 50% of the roof. Lastly, the property provides six (6) parking spaces.
    Exterior Features

    Lot Size Source See Remarks Lot Size Units Square Feet Parking Features Covered Parking Parking YN Yes

    Interior Features

    Cooling Central Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 17.29 Gross Operating Income 112197.00 Improvements Amount 251124 Land Value 192170 Laundry YN Yes Net Operating Income 74458.00 Special Listing Conditions Standard Total Expenses 37739.00 Zoning Lard1.5

    Listing provided courtesy of Adrian Stepien of Keller Williams Silicon Beach and Derrick Vartanian of .


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-16T20:27:09.063. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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