4520 Willow Brook Avenue Los Angeles, CA $ 2,250,000
4520 Willow Brook Avenue
$ 2,250,000
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4520 Willow Brook Avenue

Los Angeles, CA, 90029
$ 2,250,000
Baths0.0 Sq 7,556

Monthly Estimate*

$ 14,954

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,250,000. This 7,556 square foot home was built in 1924 on a lot size of 0.25.

We are proud to present a rare investment opportunity in the highly sought-after East Hollywood submarket of Los Angeles. Comprising (12) twelve well-maintained 1+1 units across (5) five detached buildings, all with upgraded roofs, this gated property sits on approximately 10,779 square feet of land and feature Spanish-style bungalow architecture with a charming center courtyard. Conveniently positioned nearby historic Sunset Blvd, LA City College, and the Santa Monica/Vermont Metro Station, this property has a highly desirable location with unmatched potential for only $187,500/unit. Residents will enjoy the proximity to Silver Lake and the abundance of retail, dining, and entertainment options at Sunset Junction. Notable amenities nearby include Erewhon, Intelligentsia, The Black Cat, La Colombe Roasters, and more. With easy access to Downtown and Hollywood employment hubs, this area is particularly attractive to young professionals. Below market rents and significant value add potential give any investor the opportunity to capitalize on nearly 100% in rental upside and receive tax benefits in an Opportunity Zone.

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Multi-Family Active

Price

$ 2,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Spanish

Lot Size

0.25

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024377443

Features
General
Sewer None
Possession Close of Escrow
Zoning LAR3
Architectural Style Spanish
Pool Features None
Security Features Gated Community
Year Built 1924
Levels Two
County Los Angeles
Net Operating Income 95025.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.50
Senior Community Y/N No
MLS Area C21 - Silver Lake - Echo Park
Lot Size Square Feet 10802.0
Street Name Willow Brook
Property Condition Fixer Repairs Cosmetic
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Lot Size Area 10802.0
Foundation Details None
Building Area Total 7556.0
Lot Size Acres 0.25
Lot Size Units Square Feet
Land Lease Type Fee
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Interior
Total Stories 2
Air Conditioning Y/N No
Heating Y/N No
Street Suffix Avenue
Total Baths 0
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* Excluded Features
List By
Andrew Malekie

Listing Agent

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$14,954
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,954
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/23/2024$2,250,000 -6.25% Price Down
4/8/2024$2,400,000 Listed Price

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4520 Willow Brook Avenue, Los Angeles, CA, 90029 is a Multi-Family Home for sale at $2,250,000 with 7,556 sqft and a lot size of 0.25. 4520 Willow Brook Avenue is a studio with 0.0 baths and was built in 1924. The property's zip code is 90029 which is in Los Angeles, CA