Turnkey 4-unit property in a prime studio-adjacent location generating approximately $14,000 PER MONTH in gross rental income. Located near Disney and Nickelodeon studios, this fully upgraded compound features a 3 bed 2 bath main home, a 1 bed 1 bath attached ADU, and two detached 2 bed 1 bath units… Read More in the rear. All units have been tastefully renovated with quartz countertops, laminate flooring, recessed lighting, double pane windows, new roofs, and modern appliances. Interiors and exteriors have been recently painted and still look GREAT. Central heat and air in all units except the junior ADU, which has a mini-split. EACH UNIT COMES WITH ASSIGNED PARKING AND A PRIVATE PATIO—ideal for pets, BBQs, or storage. Three units operate as short-term rentals with consistent AIRBNB BOOKINGS generating strong cash flow. One unit is rented to a long-term tenant at $2,700 per month, paid early every month without fail. Total gross income is APPROXIMATELY $14,000 PER MONTH, offering excellent returns for investors. The property has SEPARATE ELECTRIC METERS for all units except the junior ADU, which shares with the main house. One shared gas and water meter. Utilities are currently paid by the owner. Located in a HIGH-DEMAND rental market close to major studios, dining, shopping, and freeways. An ideal option for investors seeking a proven, INCOME-GENERATING ASSET in one of the most desirable pockets of the valley. Read Less
Property listed by Park Regency Realty, Angel Garcia [email protected]
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
8
Full Baths
5
Square Ft.
2,766
Lot Size
0.17 Acres
Year Built
1926
MLS Number
SR25141939
30 Days Snapshot Of 91506
$1.66M
+33%
(avg) sold price
12
+71%
homes sold
42
-8%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, GasOven, Microwave, Refrigerator
Building
Built in 1926, Levels: One, Living area: 2766, 1 story, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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