3670 Regal Place

    Los Angeles (City), CA 90068
    • $1,650,000
    • STATUS: Active
    • ON SITE: 118 days
    • ID#: 18366852
    $1,650,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,122
      SQFT
    • $529
      $/SQFT
    Type:
    Multi-Family
    Built:
    1951
    County:

    School Ratings & Info

    Description

    PRICE REDUCED BY $125,000! We are pleased to present 3670 Regal Place - a four (4) unit multifamily investment opportunity located in prime Hollywood Hills with the option of seller financing being available. This building consists of 3,122 SF of living area and is situated on a 6,982 SF lot zoned LARD1.5. In addition to providing five (5) garage parking spaces and one (1) carport, the building also boasts a desirable unit mix of One (1) Two Bedroom / Two Bath unit and Three (3) One Bedroom / One Bath units. The owner has taken great care of the property and recently replaced the roof as well as completing extensive landscaping work. This stunning pride of ownership offering boasts spacious floor plans with hardwood and tile floors, granite counter tops, newer appliances, central HVAC, gated entry with an intercom system, and private courtyards. Additionally, all units provide laundry facilities in each unit. The Two Bed / Two Bath unit also has a private entrance via the garage.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T00:29:41.7. 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.mainstreetgroup.com/homes/85781302

    3670 Regal Place Los Angeles (City), CA 90068

    • Price: $1,650,000
    • Status: Active
    • ID#: 18366852
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,122
    SQFT
    $529
    $/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 $125,000! We are pleased to present 3670 Regal Place - a four (4) unit multifamily investment opportunity located in prime Hollywood Hills with the option of seller financing being available. This building consists of 3,122 SF of living area and is situated on a 6,982 SF lot zoned LARD1.5. In addition to providing five (5) garage parking spaces and one (1) carport, the building also boasts a desirable unit mix of One (1) Two Bedroom / Two Bath unit and Three (3) One Bedroom / One Bath units. The owner has taken great care of the property and recently replaced the roof as well as completing extensive landscaping work. This stunning pride of ownership offering boasts spacious floor plans with hardwood and tile floors, granite counter tops, newer appliances, central HVAC, gated entry with an intercom system, and private courtyards. Additionally, all units provide laundry facilities in each unit. The Two Bed / Two Bath unit also has a private entrance via the garage.
    Exterior Features

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

    Interior Features

    Cooling Central Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 17.89 Gross Operating Income 89464.00 Improvements Amount 212109 Land Value 132420 Laundry YN Yes Net Operating Income 57262.00 Special Listing Conditions Standard Total Expenses 32202.00 Zoning Lard1.5

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


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T00:29:41.7. 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.
     
    Mainstreet Realtors®
    8577 Haven Ave, Suite 100
    Rancho Cucamonga CA, 91730