$ 2,590,000
-
$2,590,000
Price -
8
Bed -
8
Bath -
5,218
SqFt
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About the Listing CLW-B2000101 - CLW-X10681
One of the most beautiful curb appeals. Welcome to 701 Lorraine Blvd, located in the prestigious Hancock Park neighborhood! Surrounded by meticulously maintained landscaping and gardening, this property is truly a sight to behold. This stunning income property offers exceptional curb appeal and is a perfect investment opportunity, generating approximately $150,000 per year in income. Comprised of four spacious 2-bedroom units, this property is updated with hardwood flooring throughout, providing a luxurious touch. Every unit features a cozy fireplace in the living room, creating a warm and inviting ambiance for residents and guests alike. Each unit even has its own separate electric and gas meters, providing convenience and flexibility for tenants. The property has also been updated with copper pipes and electric systems, ensuring efficient and reliable utilities for years to come. This income property offers a prime location with easy access to renowned shopping, dining, and entertainment options. It is also within close proximity to prestigious schools, parks, and other amenities, making it an attractive option for potential tenants. 1 UNIT will be vacant from August 2025.
Listing Highlights for 701 Lorraine Boulevard
Status
Active
Days on Site
93
Property Type
Multi-Family
MLS ®
25547871
Year Built
1936
Total Square Footage
5,218
Lot/Acreage
0.17
County
Los Angeles
Interior Details
- Bedrooms: 8
- Bathrooms: 8 Full
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: LAR3
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Assigned,Covered,Private,Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5090031018
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
701 Lorraine Boulevard Los Angeles, CA 90005
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