1339 N Vista Street, Los Angeles, California, United States, 90046

1,530,000
for Sale
6,401

About the property:

BRAND NEW ROOF! 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.
Property Type:
Multi-Family Home
Status:
for Sale
House Style:
Traditional
Acres:
0.1469
Square Feet:
3912
Directions:
South of Sunset Blvd, North of Fountain Ave, East of Fairfax Ave, West of La Brea Ave
Is Art:
Yes
Is Apartment:
Yes
Is Building:
Yes
Is Entertainment:
Yes
Is Investment:
Yes
Is Laundry:
Yes
Is Multi Family:
Yes
Is Market:
Yes
Is Unit:
Yes
Listing ID:
26847683

Rooms

Dimensions

Brokered by:
Douglas Elliman
Presented By: