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Property Description

Introducing a remarkable property that offers the perfect blend of comfort, convenience, and income potential. This exquisite home features a traditional main house boasting four bedrooms and two baths, complemented by a fenced front yard offering privacy and charm. As you step inside the main house, you’ll be embraced by a warm and inviting atmosphere, offering ample space for living and entertaining. The kitchen is well-designed, while the cozy bedrooms provide a tranquil haven for the entire family. Adjacent to the main house, you’ll discover two detached 1-bedroom, 1-bath units in the rear ADU (Accessory Dwelling Unit), each providing a private and comfortable living space. The units are separated by a rear deck, creating an ideal setting for outdoor gatherings and barbecuing. Located less than half a mile from a variety of high-end dining, shopping, and recreation options, including Equinox, Boa, and Gelson’s, this property offers unbeatable convenience. Whether planning a night out in Marina Del Rey or Santa Monica or exploring the local area, everything you need is moments away. The main has most recently been rented for $6000. Each ADU rental has a proven track record, ranging from $2650 to $2750 for a combined $5400, making them a significant source of rental income. The total property income is $11,400 per month. This property is a prime opportunity for 1031 Exchange buyers or homeowners seeking to offset their expenses with rental income. Whether you’re an investor eyeing a profitable venture or a homeowner aiming to maximize your investment, this property is a gateway to endless possibilities. Act now to secure this exceptional property in a sought-after Westside location. Schedule your showing today and turn this dream property into your reality!

Features
: Heat Pump, natural gas, electric
: Electric, Gas, Central Air
: Trees/woods
2
: Upper Level, Dryer Included, Washer Included, Stackable, In Kitchen
0
: Traditional
Additional Information
Redfin
0
CLW-C110697
CLW-X75273
Justin
4230019010
: Standard
Two
: Guest House

Single Family Residence For Sale

4250 Michael Avenue, Los Angeles, California 90066

6 Bedrooms
4 Bathrooms (Full)
2,352 Sqft
$1,975,000
Listing ID #24396259
Basic Details
Status : Active
DaysOnMarket : 68
Property Type : Single Family Residence
Listing Type : For Sale
Listing ID : 24396259
Price : $1,975,000
Bedrooms : 6
Bathrooms : 4
Living Area : 2,352 Sqft
Lot Size : 4,903 Sqft
Year Built : 1941
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90066
Price Per Square Foot : $840
Bathrooms (Full) : 4
ModificationTimestamp : 2024-07-31 16:19:28
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