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4350 & 4356 Clarissa Avenue

Los Angeles (City), CA 90027
  • $2,695,000
  • STATUS: Active Under Contract
  • ON SITE: 31 Days
  • ID#: 22194467
Under Contract
UPDATED: 13 min ago
$2,695,000
  • 8
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,512
    SQFT
  • $489
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Listing Agent(s): Robert Renshaw of Remax Commercial & Investment Realty (310-802-2500)


Description

We are pleased to present for sale 4350 and 4356 Clarissa Avenue in prime Los Feliz. The property features an original 1924 Spanish bungalow-style house and a separate 6-unit garden-style apartment building built in 1957. A total of 7 rentable units. This is a fantastic and rare opportunity for either an owner/user or an astute multifamily investor. Either way, the combination of a house and one-bedroom units in a location such as this assures long-term income growth and value appreciation. 4350 Clarissa is just over one block from Hillhurst Avenue, which is the epicenter of this vibrant neighborhood. Tenants are a 5-minute walk to a wide selection of stores, restaurants, and cafes. The property is also less than a mile from the entrance to Griffith Park. Well maintained by the same family for decades, the property just received fresh exterior paint. Mature landscaping and jacaranda trees frame the charming grounds, creating fantastic curb appeal.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-30T17:36:27.633. 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 Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/132562027
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4350 & 4356 Clarissa Avenue Los Angeles (City), CA 90027

  • Price: $2,695,000
  • Status: Active Under Contract
  • On Site: 31 Days
  • Updated: 13 min ago
  • ID#: 22194467
8
Beds
0
Baths
0
½ Baths
0.19
Acres
5,512
SQFT
$489
$/SQFT
1957
Built
Neighborhood:
637 - Los Feliz
County:
Los Angeles
Area:
637 - Los Feliz
Property Description
We are pleased to present for sale 4350 and 4356 Clarissa Avenue in prime Los Feliz. The property features an original 1924 Spanish bungalow-style house and a separate 6-unit garden-style apartment building built in 1957. A total of 7 rentable units. This is a fantastic and rare opportunity for either an owner/user or an astute multifamily investor. Either way, the combination of a house and one-bedroom units in a location such as this assures long-term income growth and value appreciation. 4350 Clarissa is just over one block from Hillhurst Avenue, which is the epicenter of this vibrant neighborhood. Tenants are a 5-minute walk to a wide selection of stores, restaurants, and cafes. The property is also less than a mile from the entrance to Griffith Park. Well maintained by the same family for decades, the property just received fresh exterior paint. Mature landscaping and jacaranda trees frame the charming grounds, creating fantastic curb appeal.
Exterior Features

Parking Features Assigned Parking Total 8

Interior Features

Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Gross Income 163092 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 101942 New Construction YN No Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-30T17:36:27.633. 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 Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369785220-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369785220-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_369785220-1.jpg
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Robert Renshaw of Remax Commercial & Investment Realty (310-802-2500)