6043 Selma Ave, Los Angeles, CA 90028
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$2,950,000
Est. payment /mo
10 Beds
6 Baths
4,328 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,328 sqft

Price per Sqft $681

MLS Listing ID 26840527

Style Bungalow

Bedrooms 10

Year Built 1914

Lot Size 0.455 Acres

Acres 0.4548

Property Sub-Type Multi-Family

Property Description

Bungalow Heaven! This unique property consists of 6 individual bungalow homes on a huge, gated lot (almost 20000 sf)! Each house is rich with original woodwork and character and has its own private, fenced yard. 3 of the units have been completely renovated within the past 2 years with all new electrical, plumbing, HVAC, kitchens, baths, flooring, etc.; 5 of the units just had new roofs installed and the 6th was inspected and certified. This property is located in the heart of Hollywood, within walking distance of the Metro, shopping and restaurants, but set back off a quiet tree-lined street creating a tranquil and private living environment. Everyone who has lived in these units love them and therefore there is very little turnover with several tenants staying over 20 years. The purchase of 6043-53 Selma Ave. is the perfect opportunity for an investor to acquire a centrally-located Hollywood gem with tremendous income upside potential as demand for residential rentals in this area continues to grow. This property could also be great candidate for a Tenants in Common (TIC) conversion.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR4

Rooms

Other Rooms Other

Interior

Heating Wall, Combination, Zoned

Cooling Air Conditioning, Ceiling Fan, Wall/Window, Multi/Zone

Flooring Hardwood, Laminate, Ceramic Tile

Equipment Built-Ins, Ceiling Fan, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Ice Maker, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer, Dryer

Laundry In Unit

Exterior

Parking Features Private, Assigned, Gated, Parking for Guests, Driveway - Combination

Garage Spaces 9.0

Pool None

Building

Foundation Raised

Sewer In Connected and Paid

Architectural Style Bungalow

Level or Stories One

Structure Type Concrete, Frame

Others

Special Listing Condition Standard


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TheMLS (CLAW)
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Kirshner Elkin Properties

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