5930 Willoughby Ave, Los Angeles, CA 90038
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5930 Willoughby Ave, Los Angeles, CA 90038
5930 Willoughby Ave, Los Angeles, CA 90038
5930 Willoughby Ave, Los Angeles, CA 90038
5930 Willoughby Ave, Los Angeles, CA 90038
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$ 1,995,000
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5930 Willoughby Ave Los Angeles, CA 90038

7 Beds

7 Baths

3,930 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,930 sqft

Price per Sqft $507

MLS Listing ID 26664243

Bedrooms 7

Year Built 1931

Lot Size 6,497 Sqft

Acres 0.1492

Property Sub-Type Multi-Family

Property Description

Charming 5-Unit TURN-KEY CASH FLOW (6.7% CAP RATE) & HIGH-END RENOVATIONS Multifamily Investment in Prime Hollywood Location offering benefits from 3.75% interest-only assumable financing fixed through December 2028. Front structure is a Spanish style 2-story 4 plex that consists of all 1bd1ba casitas. The rear structure is a detached Craftsman style 2-story 3bd3ba home. There is a detached 5 car garage off the alley and a driveway off the street, totaling 6 parking spaces. The property has undergone a complete rehab with new roof, windows, plumbing, electrical, kitchen/bathroom remodels, tankless water heaters, in-unit laundry, hardwood floors, high ceilings, ac/heat, 5 car garages w/ automatic doors, drought tolerant landscaping, exterior lighting, automatic driveway gate, ring cameras, and more. Individually metered for gas and electric. Tenants pay gas, electric, trash. All 1bd1ba units have recently been rented at market rent. The SFR is vacant, perfect for an Owner/User. Just moments from the iconic Hollywood Strip, major studios, popular restaurants, bars, grocery stores, and the vibrant Larchmont Village. Conveniently located near Larchmont Village, Hancock Park, Melrose, Fairfax, and West Hollywood. Come see it while its available!

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central, Wall Electric

Cooling Central, Wall Unit(s)

Equipment Microwave, Refrigerator, Range/Oven

Exterior

Parking Features Detached, Garage - 4+ Car, Driveway Gate

Garage Spaces 6.0

Building

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Whiz Realty, Inc

NEARBY SCHOOLS & PROPERTIES

Josh Canova

Josh Canova

Advisor | License ID: C135485

+1(858) 361-7010

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5930 Willoughby Ave