About the Listing CLW-L02478 - CLW-L01740

YES, THE OWNER WILL FINANCE - THE OWNER WILL CARRY THE LOAN with about a one-third Down Payment and Carry the Financing (Owner Financed Loan) for the Buyer! Loan Interest Rate is Negotiable! BEST LOCATION Charming 5-Unit Investment Features timeless LA Architecture and offers immediate Income with a strong upside potential! Well maintained and ideally located in a High-Demand Rental Area near Griffith Park, Silver Lake, and Hollywood.Let's begin with the Remarkable Owner's Home which is on 2 levels, with 2 addresses: The Owner's Home is a 3 Bedroom with a Very Large Master Bedroom, with Fireplace, and a Private Master Bath, as it is a Suite, and additionally offers a Den / Family Room with a Wet Bar, plus an Exclusive Private Laundry Area access, and a notable Hand-Crafted Stunningly Large Custom Bay Window with Magnificent Views to the Los Feliz Hills! There includes a Patio Room with Wet Bar - Plus a Bath with over 2,000 sq ft on the 2nd floor, and Includes a Separate, Private and Extended, 2-Car Garage (for a Boat or Camper)! It Simply does not get better than this Truly an Extraordinary Property! And there is even More! This Owner-User Investment also bestows 4 More Rental Income Units which are apart from the Owner's Home, and Each of the Rental Income Units has Garage Parking Included. Most All Apartments have Fireplaces, and every unit/home has easy access to the Laundry Room. All garages feature Alley Access behind the property; Easy entry for parking. And because of the Alley in Back, there is Easy Access to Los Feliz Boulevard, as you an exit up alley to Griffith Park Boulevard, which has a signal for easy access to Los Feliz Boulevard heading East to Glendale or West to Hollywood. This Opportunity is situated in one of L.A.'s strongest rental submarkets; Close to Bus Transit, Parks, Shops, Dining, Tennis Courts, Golf Courses, Public Pool, The Greek Theatre, The Griffith Park Observatory, Multiple Grocery Stores, Movie Theaters, Hiking Trails, Many Banks, Curio Shops, Cedars Hospital, Medical Doctors, Health and Spa Centers, The Los Angeles Zoo, Picnic Areas, The Train Museum, The Park Merry-Go-Round, and close to Freeways for easy access North and South! Great for both Owner-Users and Investors seeking long-term growth and consistent returns. Los Feliz is well known for its Architectural Achievements with names including Rudolph Schindler, Richard Neutra, Frank Lloyd Wright (and even his son, Lloyd Wright). And this Investment has a True Architectural Touch which is prevalent from curb-side viewing!This is a Great Opportunity to own a Classic Los Angeles Multifamily asset in the Heart of Los Feliz, one of the City's most Desirable Neighborhoods, as Choice Properties Rarely hit the Market located on Los Feliz Boulevard!

Listing Highlights