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- MLS#20562868
- TypeSingle Family
- CountyLOS ANGELES
- CityLos Angeles
- AreaMid Los Angeles
- Zip90018
- Style
- Price$ 3,199,000
- Bedrooms10
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage7002
- Lot Size0.31 Acres
Listing Provided Courtesy Of:
Yohann Bensimon with Keller Williams Hollywood Hills.
Property Description
We are proud to present the West Adams Heights Mansion, a 7000 SF Historic Cultural Monument, built in 1909 and designed by the iconic "Millionaire's Architect," Fredrick Roehrig. Sitting on a 13,563 SF Lot, in a gorgeous and quiet pocket, The Mansion was completely restored in 2019 and is operated as a property divided into (8) 0-2 room suites with their own en-suite bathrooms and kitchenettes with high quality finishes. All suites are occupied and Grossing $16,850 / month bringing a 4.10% Cap Rate. Features include brand new exterior and roof, HVAC system, plumbing and electrical, 2 water heaters and Smart House systems. The amazingly structured basement comes with an exterior entrance and is ready to be converted into a recreation room with a built-in wine cellar. The property has 9.5 parking spaces and profit will be generated immediately after purchasing. Take advantage of upside potential by developing an ADU in the back and increase the income to a potential $250,000+ / year.
Price History | |
---|---|
3/11/2020 | Listed $3,199,000 |
General Features
Architectural Style | See Remarks |
---|---|
Directions | North to W Adams Blvd, South of Washington Blvd, East of Western Ave, West of Normandie Ave. |
Listagentaor | Beverly Hills/Greater LA |
Listing Agent | Yohann Bensimon - BRE#01966630 |
Listing Agent State License | 01966630 |
MLS Area | C16 - Mid Los Angeles |
Pool Features | None |
Price Per Square Foot | 456.87 |
Property SubType | Single Family Residence |
Source System | CRMLS |
Special Listing Conditions | Standard |
Zoning | LAR2 |
Interior Features
Full + 3/4 Baths | 8 |
---|---|
Full Baths | 8 |
Total Stories | 3 |
Exterior Features
Lot Size Area | 13519.0000 |
---|---|
Lot Size Source | Owner |
Lot Size Square Feet | 13519.00 |
Lot Size Units | Square Feet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool