Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

3,124 sqft

Lot size

3,122 sqft

Year built

1926

Stories

2

Heating

Central

Status

Active

Days on market

153

MLS #

240252801

About this property

Exceptional investment opportunity featuring a beautifully maintained and renovated 1926 Mediterranean fourplex in the highly desirable Windsor Square/Hancock Park area. The property offers four renovated 1-bedroom, 1-bath residences, just a short walk north on Windsor Boulevard to the Paramount Pictures studio gate at Melrose.Each bright, well-designed unit features central heat and air, in-unit laundry, hardwood floors, stainless steel appliances, and highly desirable layouts that lease quickly.Offered at $1,595,000 ($510 per square foot) across 3,125 square feet, with $113,808 in annual scheduled gross income (approximately a 14.0 GRM). Originally built in 1926 and thoughtfully renovated in 2005, the property blends timeless Mediterranean architecture with updated systems, minimizing deferred maintenance for the next owner.The location is a major draw. Larchmont Village is just a half-mile away, offering neighborhood favorites including Go Get Em Tiger, Groundwork Coffee, Chevalier's Books, Village Pizzeria, and the popular Sunday Farmers Market. The property is also conveniently located near Third Street Elementary, Larchmont Charter School, Wilshire Country Club, and provides easy access to Hollywood, Koreatown, and Mid-Wilshire.A rare opportunity to acquire a turnkey, income-producing fourplex in one of Los Angeles' most established and sought-after neighborhoods, offering strong current cash flow, consistent tenant demand, and long-term rental upside.

Location

635 N Windsor Boulevard

Los Angeles, Los Angeles, CA, 90004