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

Type

SingleFamilyResidence

Bedrooms

1

Building size

3,026 sqft

Lot size

6,199 sqft

Year built

1919

Stories

2

Garage spaces

0

Cooling

Central Air

Pool

None

View

Mountain(s)

Status

Active

Days on market

0

MLS #

248948067

About this property

Currently operating with four bedrooms generating income through city-permitted accommodations, this historic residence offers investors an opportunity to acquire a property with an existing short-term rental operation. For those looking to maximize the property's earning potential, the lower level presents an additional opportunity for rental income, creating the possibility of multiple revenue streams from a single property, subject to applicable city regulations. From the moment you walk through the door, the home has an aura that is difficult to replicate. Original hardwood floors, crown molding, craftsman built-ins, and beautifully preserved architectural details remind you that this home was built when craftsmanship mattered. More than a century later, it has been maintained in excellent condition while retaining the character, warmth, and privacy that make homes from this period so special. And when it comes to rental demand, location is everything. The Hollywood Bowl, Greek Theatre, Griffith Park, downtown Los Feliz, Hollywood Walk of Fame, and Sunset Strip are all within easy reach. From legendary entertainment venues and world-class restaurants to scenic hiking trails and the vibrant Hollywood lifestyle, the surrounding neighborhood offers the experiences that continue to attract visitors to Los Angeles. For an investor, 1900 Taft Avenue represents more than a historic home. It offers an existing income-producing operation with the potential to expand rental revenue. For an owner-occupant, it presents the possibility of enjoying a remarkable residence while generating income to help offset ownership expenses. Homes with this combination of history, character, location, and income potential rarely become available. Unlike properties that require an investor to create an income strategy from the ground up, 1900 Taft Avenue already has an established rental operation, offering a compelling starting point for its next owner. A piece of Hollywood history with an income-producing present and an opportunity-filled future. 1900 Taft Avenue is ready for its next chapter—and priced to attract attention.

Location

1900 Taft

Los Angeles, Los Angeles, CA, 90068