2041 North Vermont Avenue 2041 North Vermont Avenue Los Angeles, California 90027 United States
2041 North Vermont Avenue Los Angeles, California 90027 United States
$9,500,000
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This exquisite 32-unit residential income property stands out with gorgeous French Normandy design and ornate, architectural details. Located along Vermont, just below the hills of Los Feliz, the Griffith Observatory and just blocks from Los...
- 7
- Bedrooms
- 22,582 Sq Ft.
- Interior
- .2064 Acres
- Exterior
- Residential Income
- Property type
- 1928
- Year Built
- 22191539
- Web Id
- 22191539
- MLS ID
- 617
- days ago
About 2041 North Vermont Avenue
This exquisite 32-unit residential income property stands out with gorgeous French Normandy design and ornate, architectural details. Located along Vermont, just below the hills of Los Feliz, the Griffith Observatory and just blocks from Los Feliz Village- this location couldn't be better. The property features 32 units, consisting of 8 beautiful (1 bedroom, view units with French windows) including a non-conforming, "owner's" unit with a fireplace and 24 charming studios (separate kitchens, dining areas and walk-in closets, which gives them more of a spacious feel). Each unit has charming details offering arched doors and doorways and beamed ceilings. The total building size is 22,582 square feet per assessor. Los Feliz is a vibrant and exciting place to live with amazing cafes, restaurants, nightlife, world famous architecture and lots of hiking for outdoor enthusiasts. Centrally located close to Silver Lake, Hollywood and Downtown LA. Owning this incredible piece of history would be a once in a lifetime opportunity! Seller will consider a partial trade. Almost always 100% occupied, the owner has indicated that there is consistently a "waiting-list" to get into the building. Vacancies have historically been filled through "word-of-mouth". The views, character and charm of the units, elevator, large laundry room and the current owner's maintenance record, make this a most attractive building for tenants. Anticipated upside of the rents is approximately 35-40% of current rents.
Listing Courtesy of Berkshire Hathaway HomeServices California Properties
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Courtesy of Berkshire Hathaway HomeServices California Properties
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
Amenities
- Carpeted Floors
- Wood Floors
- Mountain View
PROPERTY INFORMATION
- Sewer
- SewerTapPaid
- View
- Mountains
EXTERIOR
- Roofing
- Composition
INTERIOR
- Flooring
- Carpet, Wood
ADDITIONAL INFORMATION
- Number of Units
- 31
Listing Courtesy of Berkshire Hathaway HomeServices California Properties