1339 N Vista Street,Los Angeles, CA 90046
Los Angeles, CA 90046
Description
Exceptional six-unit income property ideally located in one of Los Angeles' most desirable rental markets, just moments from West Hollywood, Melrose Avenue, Sunset Boulevard, and countless restaurants, shopping, entertainment, and major employment centers. This well-maintained traditional apartment building offers outstanding curb appeal and reflects years of exceptional pride of ownership, presenting a rare opportunity to acquire a quality multifamily asset in a highly sought-after location.Over the years, ownership has invested extensively in the property's long-term infrastructure and building systems through numerous capital improvements designed to enhance value and minimize deferred maintenance. Major upgrades include seismic foundation bolting, electrical panel and breaker upgrades, partial sewer line replacement, seismic gas valve installation, extensive plumbing improvements, roof repairs, exterior painting, garage and walkway improvements, laundry room enhancements, and completion of the SB-721 balcony inspection.Several units have been thoughtfully updated over the years with renovated kitchens and bathrooms, updated flooring, fresh interior paint, new fixtures, appliances, water heaters, and numerous plumbing and electrical improvements, creating an attractive living environment for tenants while reducing future capital needs. The property also benefits from additional garage income, providing an attractive supplemental revenue stream.Combining stable in-place income, extensive capital improvements, strong pride of ownership, and an exceptional central Los Angeles location, this is a rare opportunity to acquire a well-maintained investment property with long-term appreciation potential and excellent rental demand.
Details
| MLS # | 26847683 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1954 |
| Days On Site | 124 |
| Listing Provided By | Douglas Elliman | Ivan Estrada |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 6 |
| SQ Feet | 3,912 |
| Garage | 4 |
| Story(s) | 1 |
| Units | 6 |
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.15 |
| Property View | None |
Interior
| Heating | Radiant |
|---|---|
| Heating Yes / No | Yes |
| Appliances | Gas Range, Oven |
| Fireplace Yes / No | Yes |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | Yes |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90046 |
| Area | C20 Hollywood |
| Listing VS Median (in 90046) | |
Price: $1,530,000 low | high Med: $699,000 sqft: 3,912 low | high Med: 1,123 $ / sqft: $391 low | high Med: $630 On site: 124 low | high Med: 98.5 | |
Market Activity 90046
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90046 |
| Area | C20 Hollywood |
| Listing VS Median (in 90046) | |
Price: $1,530,000 low | high Med: $699,000 sqft: 3,912 low | high Med: 1,123 $ / sqft: $391 low | high Med: $630 On site: 124 low | high Med: 98.5 | |
