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

3

Building size

4,122 sqft

Lot size

6,956 sqft

Year built

1926

Stories

2

Style

Spanish

Heating

Zoned

Pool

Filtered,Private

Status

Active

Days on market

29

MLS #

246839556

About this property

The moment you step through the courtyard door, the street is gone. High ficus hedges, a fountain running, and a 1926 Spanish home behind them lived in, loved, and carefully kept. Original character throughout: hardwood floors, custom cabinetry, stone counters. The upper residence follows the sun, morning in the back bedrooms and afternoon into evening across the front living and dining rooms. Out back, a pool and spa, and a yard with room to gather. It is also a legal three-unit property. Two independent residences in the front building, 1116 and 1118, and a detached two-story ADU at the rear, 1116, with its own address and Certificate of Occupancy. Three separate homes, three private entrances. All three delivered vacant. Live in one and lease the others, lease all three, or arrange it however suits you. No inherited tenancies. Behind the walls, everything is current. Every unit heated and cooled central air in the two front residences, a two-zone mini-split in the ADU. Insulated attic and crawl space. Both structures re-roofed in 2023 under permit. Sewer lateral sleeved with a 30-year warranty.A quiet block with no southbound through traffic and unrestricted street parking. Two spaces on site with a Level 2 Tesla charger.1926 character, 2026 systems. Come see it this weekend. Floor plans and 3D tours attached; offering package on request.

Location

-1118 S Highland Avenue

Los Angeles, Los Angeles, CA, 90019