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

2

Building size

2,596 sqft

Lot size

5,720 sqft

Year built

1944

Stories

0

Style

Contemporary

Heating

Central

Cooling

Central Air

Status

Active

Days on market

35

MLS #

245738781

About this property

TWO HOMES ON ONE LOT in a great pocket of NoHo. The extensively remodeled 3+2 main house offers approximately 1,370 sqft and will be delivered VACANT, allowing the new owner to immediately lease it at current market rent. The detached 2018-built rear unit offers approximately 1,143 sqft with 2 bedrooms and 2 bathrooms and is currently occupied by great tenants. The rear unit is due for a rent increase, providing additional immediate upside.Both homes are separately metered for ALL utilities, including water, meaning NO utility bills for the owner! Each unit has its own washer & dryer, tankless water heater, stainless steel appliances, exterior storage, and private outdoor space.Approximately 2,513 combined sqft of living space with a remodeled main house, newer rear unit, low-maintenance setup, market-rent potential from day one, and additional upside from the existing tenancy. A straightforward income property with limited owner-paid expenses.

Location

6729 Ensign Avenue

Los Angeles, Los Angeles, CA, 91606