Significant $175,000 Price Adjustment! Ideal For Investors Or Owner-Users Seeking Value And Upside. Potential To Deliver Front Owner's Unit Vacant With Cash-For-Keys Offer. 1946 Holmby Avenue offers a rare opportunity to acquire a well-maintained two-story Mid-Century Modern triplex in the highly desirable Century City neighborhood of West Los Angeles. Situated… Read More on a quiet residential street, the property is just minutes from high-end shopping, dining, and entertainment, with convenient access to major thoroughfares. Built in 1951 and 1959, the triplex spans 2,973 rentable SF on a 5,509 SF lot with LARD1.5 zoning, presenting significant development or ADU potential. Recent capital improvements include upgraded copper plumbing, newly redone roofs, sewer lines, windows, and water heaters. The unit mix consists of One (1) spacious two-bedroom owner's unit with a large den (may convert to a third bedroom), private patio, and upgraded central HVAC, one (1) two-bedroom townhome, and one (1) one-bedroom unit. Each unit features large floorplans with private patios or balconies, ample natural light, and limited common walls, ensuring privacy for tenants. With 35%+ rental upside potential, strong tenant demand, and long-term appreciation potential, 1946 Holmby Avenue is a prime investment opportunity in one of Los Angeles' most sought-after neighborhoods. Read Less
Property listed by Matthews Real Estate Investment Services, Kamfar Kyle Mirrafati 866-889-0550
Listing Snapshot
Days Online
64
Last Updated
Property Type
Other
Beds
5
Square Ft.
2,973
Lot Size
0.13 Acres
Year Built
1951
MLS Number
25512477
30 Days Snapshot Of 90025
$1.33M
-8%
(avg) sold price
15
-11%
homes sold
65
-9%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1951, Building area total: 2,973, Levels: Two, Living area: 2973, 2 stories, 2 buildings
Cooling
CentralAir
Heating
Central, WallFurnace
Income
Gross income: $98,832, Net operating income: $54,128
Lot
0.1265 acres, 5,511 square feet, Size: 5,511
Parking
3 totals parking, Assigned
Property
Zoning: LARD1.5
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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