6043 Selma Avenue, Los Angeles, CA 90028
List Price: $2.95M
Listing Status: Active
0Days on Market: 0
10 Bedrooms · 6 Bathrooms · 4,328 sq ft
Property Type: ResidentialIncome
Year Built: 1914
Lot Size: 19,809 sq ft
Private Pool: Yes
MLS Number: 26840527
About This Property
Bungalow Heaven! This unique property consists of 6 individual bungalow homes on a huge, gated lot (almost 20000 sf)! Each house is rich with original woodwork and character and has its own private, fenced yard. 3 of the units have been completely renovated within the past 2 years with all new electrical, plumbing, HVAC, kitchens, baths, flooring, etc.; 5 of the units just had new roofs installed and the 6th was inspected and certified. This property is located in the heart of Hollywood, within walking distance of the Metro, shopping and restaurants, but set back off a quiet tree-lined street creating a tranquil and private living environment. Everyone who has lived in these units love them and therefore there is very little turnover with several tenants staying over 20 years. The purchase of 6043-53 Selma Ave. is the perfect opportunity for an investor to acquire a centrally-located Hollywood gem with tremendous income upside potential as demand for residential rentals in this area continues to grow. This property could also be great candidate for a Tenants in Common (TIC) conversion.
Listing provided by: Sergio Flores DRE #01450965 323-593-6999 Sergio@OmniHomeSource.com, Compass
Source: CRMLS, MLS #: 26840527
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.