Located in the coveted Carthay Square neighborhood, this charming and extremely well maintained 4 unit building is an amazing opportunity for an investor or an owner-user. One unit will be delivered vacant at close of escrow! These spacious and bright units (each 900+ sq ft) boast large living rooms, devoted dining room space, a laundry area with Washer/Dryer hook ups, hardwood flooring and vintage detailing. Shared backyard with lush orange trees and garden offer generous outdoor space. The detached garages (4 one car garages) provide ample storage and parking space, and could offer ADU potential and the possibility of added future rental income. The property garners additional annual income related to oil rights (Ex $1,719 in 2023). This property is situated in the Carthay Historic Preservation Overlay Zone (HPOZ). Centralized location is just a short distance away from the best restaurants on Fairfax, LACMA, and easy freeway access. This building is a great mix of charm and upside potential! DO NOT GO TO THE PROPERTY DIRECT OR DISTURB TENANTS. Please see private remarks for showing information.
Lechavarria@onthegorealestate.com
