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4264 Holly Knoll Drive

Los Angeles (City), CA 90027
  • $2,545,000
  • STATUS: Active
  • ON SITE: 10 Days
  • ID#: PW21249478
UPDATED: 36 min ago
$2,545,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1952
County:

School Ratings & Info

Listing provided courtesy of Damien Breaux of Morgan Skenderian

Description

The Holly Knoll apartments are perched on a corner lot, in the heart of Los Feliz. Unit interiors have been upgraded, and residents enjoy air conditioning, on-site laundry (washer/dryer hookups in the 3BR unit; a laundry room for the other units), garage parking, and balcony views facing south. The property scores a Walk Score of 79, "Very Walkable, meaning restaurants, retail, schools, and public transportation are close by. Its also just down the block from the historic Shakespeare Bridge. There is an existing storage room, with accessible plumbing, that is an ADU conversion candidate, offering an investor immediate upside in both revenue and property value. Additionally, separate water meters have been installed, meaning the next owner could choose to make the residents responsible for those costs.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T17:26:27.237. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123313275
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4264 Holly Knoll Drive Los Angeles (City), CA 90027

  • Price: $2,545,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 36 min ago
  • ID#: PW21249478
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1952
Built
Neighborhood:
637 - Los Feliz
County:
Los Angeles
Area:
637 - Los Feliz
Property Description
The Holly Knoll apartments are perched on a corner lot, in the heart of Los Feliz. Unit interiors have been upgraded, and residents enjoy air conditioning, on-site laundry (washer/dryer hookups in the 3BR unit; a laundry room for the other units), garage parking, and balcony views facing south. The property scores a Walk Score of 79, "Very Walkable, meaning restaurants, retail, schools, and public transportation are close by. Its also just down the block from the historic Shakespeare Bridge. There is an existing storage room, with accessible plumbing, that is an ADU conversion candidate, offering an investor immediate upside in both revenue and property value. Additionally, separate water meters have been installed, meaning the next owner could choose to make the residents responsible for those costs.
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 3 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Cap Rate 2.4 Common Interest None Community Features CurbsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 104160 Gross Scheduled Income 104160 Insurance Expense 1800 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 59820 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 42257 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance 2083 Vacancy Allowance Rate 2 Water Sewer Expense 0 Water Source Public Zoning Lar1



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T17:26:27.237. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing provided courtesy of Damien Breaux of Morgan Skenderian