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John Fagan

john@johnfagangroup.com +1(669) 303-8501

Listed by Eric Cuevas, DRE #01916371 • Bauhaus Group

$ 2,795,000

Est. payment | -/mo

7,963 Sqft Lot

Save

$ 2,795,000

Est. payment | -/mo

Save

7,963 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB26176851

Style Contemporary

Year Built 2018

Lot Size 7,963 Sqft

Source California Regional MLS

Property Description

ONE OF A KIND - OFFERED FOR SALE FOR THE FIRST TIME SINCE ITS 2018 CONSTRUCTION. Five individual homes across three detached buildings on a single 7,961 square foot East Hollywood lot - a modern five-home compound of a kind this neighborhood has not seen built in decades. THE HOMES: Two two-story duplex buildings hold four oversized one-bedroom, two-bath residences of 1,010 to 1,073 square feet - nearly double the footprint of the typical East Hollywood one-bedroom - each a townhome-style layout with a bath on each level, its own garage, central heat and air, in-unit washer and dryer, and dishwasher. A fully detached 1,291 square foot two-bedroom, two-bath house with two assigned parking spaces completes the compound. Every home lives like a house: three separate buildings, no shared lobbies, no long corridors. WHY IT IS RARE: Built ground-up in 2018, the property sits entirely outside the LA Rent Stabilization Ordinance - ZIMAS confirms no RSO by APN - and the AB 1482 new-construction exemption keeps it outside statewide caps until roughly 2033. Nearly every competing five-unit nearby dates from 1912 to 1961. No soft-story retrofit, no galvanized plumbing, no knob-and-tube: the capital-expenditure profile of a new building carrying the income of five homes. THE OPPORTU

Location

State CA

County Los Angeles

Area 637 - Los Feliz

Rooms

Kitchen Dishwasher, Other, Exhaust Fan, Oven Range - Gas, Refrigerator, Oven - Gas

Interior

Heating Central Forced Air

Cooling Central AC

Flooring Laminate

Laundry Washer, Dryer

Exterior

Parking Features Assigned Spaces

Garage Spaces 6.0

Pool 31, None

View Hills

Roof Type Flat / Low Pitch,Bitumen

Building

Foundation Concrete Slab

Water District - Public

Architectural Style Contemporary

Others

Tax ID 5542019027

Special Listing Condition Not Applicable

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(669) 303-8501

john@johnfagangroup.com

1295 E Dunne Ave Suite 130 Morgan Hill, CA 95037, USA

4635 Lexington AVE Los Angeles, CA 90029

John Fagan

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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4635 Lexington AVE