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Multifamily at 1718 N Vista Street
$7,999,000
1718 N Vista Street
Los Angeles, Los Angeles, 90046
Active · 8 days on market

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
5
Building size
10,916 sqft
Lot size
27,427 sqft
Year built
1938
Stories
2
Heating
Central
Cooling
Central Air
Status
Active
Days on market
8
MLS #
247437027

About this property

Vista Gardens is a private, gated community of five detached single-family homes set on a 27,000-square-foot lot at the base of the Hollywood Hills. Runyon Canyon and the restaurants and shops along Sunset are minutes away. Gated entrances open onto a lushly manicured courtyard, and the five houses are arranged around it. Each has its own dedicated lawn, private garage, and one or two large balconies off the upstairs bedrooms. Together they total 10,708 of interior square feet, 18 bedrooms and 14 bathrooms, in three- and four-bedroom, two-story homes averaging over 2,100 square feet each. The interiors live up to the setting. Hardwood floors and crown molding decorate each residence. Every home has a formal dining room, a separate laundry room, and an additional room that functions as a bedroom, office, library, or family room, which is exactly the flexibility a creative tenant or a growing family seeks. At the end of 2020, four of the houses were updated with central heat and air and refinished hardwood floors. One residence stands apart. The owner recently invested approximately $500,000, transforming 1722 N. Vista Street. It's a four-bedroom home, with a private swimming pool and an expansive deck in its own backyard. The work brought bespoke cabinetry, new flooring, exquisite tilework, and new fixtures and baths throughout. It commands the highest rent on the property, and it leased in just over two weeks at full asking price. Four homes are currently rented while one is vacant. Photography, video, floor plans, and rental history are available on request. Call for a private tour of the grounds and the vacant home. Occupied units will be shown with an accepted offer.

Location

1718 N Vista Street

Los Angeles, Los Angeles, CA, 90046

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1718 N Vista St, Los Angeles CA | Multifamily for Sale