Views
Address
6820 Whitley Terrace Los Angeles, CA
Price
$ 1,875,000
Property Attributes
  • MLS#21700788
  • TypeContingent
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaHollywood Hills East
  • Zip90068
  • StyleModern
  • Price$ 1,875,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Lot Size5,201 SqFt
Listing Provided Courtesy Of:
Jason Tuvia with Marcus & Millichap.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

Built in 2006, this offering is not subject to LA rent control and contains a good unit mix of one (1) one-bedroom/one-bathroom low-income unit, one (1) one-bedroom/one-bathroom unit, and three (3) two-bedroom/two-bathroom units. All of these character units are spacious and bright with plenty of closet/storage space and tons of windows letting in natural light. These large townhome units feature hardwood floors throughout, fresh paint, and spacious bedrooms with private bathrooms. Each unit comes fully equipped with central HVAC, washer and dryers in unit, stove/ovens, refrigerators, and dishwashers. Four (4) units come with large (20x24 ft) private storage space that can be used for music practice. These storage units/musical practice space have the potential to be converted into four (4) separate accessory dwelling units (ADUs). The well-maintained property features onsite laundry facilities and a small yard, perfect for barbequing and picnicking. The fenced-in building is located on a hillside, with view of Hollywood and on-site parking available. This property is exempt from LA city rent control but is still subject to statewide rent control. Situated in prime Whitley Heights, this offering presents a unique opportunity for an astute investor to acquire a non-rent controlled building built in 2006 in a prime submarket that rarely trades.

Price History
3/5/2021 Listed $2,250,000
3/19/2021 8% - $2,085,000
4/14/2021 5% - $1,995,000
5/15/2021 7% - $1,875,000

General Features

Appliances Dishwasher, Disposal, Oven, Refrigerator
Architectural Style Modern
Community Features Gated
Cooling Central Air
Flooring Tile, Wood
Heating Central
Listing Agent Jason Tuvia - BRE#01772495
Listing Agent State License 01772495
MLS Area C30 - Hollywood Hills East
Pool Features None
Property Type Residential Income
Security Features Security Gate, Gated Community
Spa Features None
Special Listing Conditions Standard
Status Active Under Contract
Total Actual Rent 133536
Total Units 5
Zoning LARD1.5

Interior Features

Air Conditioning Y/N Yes
Fireplace Features Family Room
Fireplace Y/N Yes
Heating Y/N Yes

Exterior Features

Lot Features Back Yard, Front Yard, Yard
Lot Size Acres 0.11
Lot Size Area 5201
Lot Size Square Feet 5201
Lot Size Units Square Feet
Number of Buildings 1
Parking Features Underground

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 90068

Price
AVG $2.93M
$1.88M
Visits
AVG 22
25
Year Built
AVG 1959
2006
Walkscore
AVG 49
61
Data Provided by Walkscore ® not using MLS data

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