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6919 Paseo Del Serra

Los Angeles (City), CA 90068
  • $3,449,000
  • STATUS: Active
  • ON SITE: 25 Days
  • ID#: 22150405
UPDATED: 17 min ago
$3,449,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1932
County:

School Ratings & Info

Listing Agent(s): Saadia 'Sam' Liberow of Marcus & Millichap (818-212-2700)


Description

Nestled in a quiet enclave atop the Hollywood Hills is 6915, 6919 & 6921 Paseo Del Serra, a unique 6-Unit income property comprising three (3) separate duplexes. Sitting on top of three (3) separate parcels, this private compound is situated on a 16,194 square foot lot with approximately 4,275 square feet of living space. This offering is perfect for an owner/user who is looking to take advantage of the relaxing retreat-style property, one that allows all the tenants to relax away from the hustle and bustle of the city life down below. The property is engulfed in lush greenery and boasts outstanding views of the city and the Hollywood hills. The property has undergone various upgrades throughout the years but still has great value-add potential. Current Rents are below market, giving a new owner generous upside through cosmetic renovations and the potential to add ADUs to the existing unit count. Due to the property's convenient access to the 101 freeway, the area serves as a strong draw from a diversified tenant base. It is steps away from Yamashiro's Farmers Market on Thursdays, Hollywood Bowl, Hollywood & Highland, Runyon Canyon, and countless other amenities.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T19:30:30.077. 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 or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/128110904
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6919 Paseo Del Serra Los Angeles (City), CA 90068

  • Price: $3,449,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 17 min ago
  • ID#: 22150405
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1932
Built
Neighborhood:
C03 - Sunset Strip - Hollywood Hills West
County:
Los Angeles
Area:
C03 - Sunset Strip - Hollywood Hills West
Property Description
Nestled in a quiet enclave atop the Hollywood Hills is 6915, 6919 & 6921 Paseo Del Serra, a unique 6-Unit income property comprising three (3) separate duplexes. Sitting on top of three (3) separate parcels, this private compound is situated on a 16,194 square foot lot with approximately 4,275 square feet of living space. This offering is perfect for an owner/user who is looking to take advantage of the relaxing retreat-style property, one that allows all the tenants to relax away from the hustle and bustle of the city life down below. The property is engulfed in lush greenery and boasts outstanding views of the city and the Hollywood hills. The property has undergone various upgrades throughout the years but still has great value-add potential. Current Rents are below market, giving a new owner generous upside through cosmetic renovations and the potential to add ADUs to the existing unit count. Due to the property's convenient access to the 101 freeway, the area serves as a strong draw from a diversified tenant base. It is steps away from Yamashiro's Farmers Market on Thursdays, Hollywood Bowl, Hollywood & Highland, Runyon Canyon, and countless other amenities.
Exterior Features

Parking Total 6

Interior Features

Cooling None Cooling YN No Heating None Heating YN No

Property Features

Association Fee 0 Gross Income 179012 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 108256 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T19:30:30.077. 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 or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Saadia 'Sam' Liberow of Marcus & Millichap (818-212-2700)