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    2067 S Hobart

    Los Angeles (City), CA 90018
    • $3,199,000
    • STATUS: Active
    • ON SITE: 232 days
    • ID#: 20562868
    UPDATED: 25 min ago
    $3,199,000
    • 10
      BEDS
    • 0.31
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 7,002
      SQFT
    • $457
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1909
    County:

    School Ratings & Info

    Description

    We are proud to present the West Adams Heights Mansion, a 7000 SF Historic Cultural Monument, built in 1909 and designed by the iconic "Millionaire's Architect," Fredrick Roehrig. Sitting on a 13,563 SF Lot, in a gorgeous and quiet pocket, The Mansion was completely restored in 2019 and is operated as a property divided into (8) 0-2 room suites with their own en-suite bathrooms and kitchenettes with high quality finishes. All suites are occupied and Grossing $16,850 / month bringing a 4.10% Cap Rate. Features include brand new exterior and roof, HVAC system, plumbing and electrical, 2 water heaters and Smart House systems. The amazingly structured basement comes with an exterior entrance and is ready to be converted into a recreation room with a built-in wine cellar. The property has 9.5 parking spaces and profit will be generated immediately after purchasing. Take advantage of upside potential by developing an ADU in the back and increase the income to a potential $250,000+ / year.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-30T23:34:22.767. 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 The Bhagat Group. Licensed in the State of California, USA.

    www.propertycove.com/homes/104071160
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    2067 S Hobart Los Angeles (City), CA 90018

    • Price: $3,199,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: 20562868
    10
    Beds
    8
    Baths
    0
    ½ Baths
    0.31
    Acres
    7,002
    SQFT
    $457
    $/SQFT
    1909
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    We are proud to present the West Adams Heights Mansion, a 7000 SF Historic Cultural Monument, built in 1909 and designed by the iconic "Millionaire's Architect," Fredrick Roehrig. Sitting on a 13,563 SF Lot, in a gorgeous and quiet pocket, The Mansion was completely restored in 2019 and is operated as a property divided into (8) 0-2 room suites with their own en-suite bathrooms and kitchenettes with high quality finishes. All suites are occupied and Grossing $16,850 / month bringing a 4.10% Cap Rate. Features include brand new exterior and roof, HVAC system, plumbing and electrical, 2 water heaters and Smart House systems. The amazingly structured basement comes with an exterior entrance and is ready to be converted into a recreation room with a built-in wine cellar. The property has 9.5 parking spaces and profit will be generated immediately after purchasing. Take advantage of upside potential by developing an ADU in the back and increase the income to a potential $250,000+ / year.
    Exterior Features

    Architectural Style See Remarks Lot Size Source Owner Lot Size Units Square Feet Pool Features None Pool Private YN No

    Interior Features

    Bathrooms Full 8 Bathrooms One Quarter 0 Bathrooms Three Quarter 0

    Property Features

    Property Sub Type Single Family Residence Senior Community YN No Special Listing Conditions Standard Year Built Source Assessor Zoning Lar2

    Listing provided courtesy of Yohann Bensimon of Keller Williams Hollywood Hills


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-30T23:34:22.767. 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 The Bhagat Group. Licensed in the State of California, USA.

     
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    The Bhagat Group
    22939 Hawthorne Blvd, Suite 203
    Torrance CA, 90505