$1,520,000
$1,630,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
7262 Waring Ave Los Angeles, CA 90046
6 Beds
4 Baths
2,989 SqFt
Key Details
Sold Price $1,520,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,989 sqft
Price per Sqft $508
MLS Listing ID 24-451059
Sold Date 02/01/25
Bedrooms 6
Year Built 1926
Lot Size 8,651 Sqft
Acres 0.1986
Property Sub-Type Multi-Family
Property Description
This well-located, 2,989 SF triplex, built in 1926, sits on an 8,649 SF lot and has 6 bedrooms and 4 bathrooms, with two separate addresses.751 N. Alta Vista Blvd. is a large detached 2-bedroom + 2-bathroom bungalow-style unit with a washer/dryer, backyard, and a side yard.7262-7264 Waring Ave. is a duplex, with each unit consisting of 2 Bedrooms and 1Bathroom, a tranquil backyard, and a garage. This is a fantastic opportunity for an Owner/User to live in the vacant unit and use the rent from the tenants to offset their mortgage or a value-added operator who would employ CAPEX to renovate the vacant unit and construct ADUs to stabilize the property for a higher rate of return. Located in a vibrant and trendy Los Angeles neighborhood adjacent to West Hollywood, Beverly Hills, Hollywood, and Pico Robertson, it is ideally situated between Melrose Ave., Santa Monica Blvd., La Brea Ave., and N. Fairfax Ave. This prime location offers residents easy access to lively nightlife, diverse entertainment venues, cultural hotspots, and trendy dining options for which the area is renowned. The area is densely populated, and 7262-7264 Waring Ave. and 751 N. Alta Vista Blvd. are within walking distance of trendy shops, delicious eateries, parks, and entertainment options. Major employers nearby include Live Nation, Technicolor, Viceroy Hotel Group, Ticketmaster, and UCLA.
Location
State CA
County Los Angeles
Area West Hollywood Vicinity
Zoning LAR1
Rooms
Other Rooms None
Interior
Heating Floor
Cooling Wall Unit(s)
Equipment Garbage Disposal
Exterior
Parking Features Driveway, Garage - 2 Car
Garage Spaces 6.0
Building
Level or Stories One
Others
Special Listing Condition Standard
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Bought with Christie's International Real Estate SoCal