4250 Michael Avenue, Los Angeles
Los Angeles Home For Sale
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 house, previously rented for $5800 ( under market ), will be delivered vacant. Each ADU rental has a proven track record, ranging from $2600 to $2750 for a combined $5250, making them a significant source of rental income. The total property income was $11,050 per month prior to this offering. 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!
Property Details
Additional Information
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- City:
- Los Angeles
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- County:
- Los Angeles
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- Zip:
- 90066
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- MLS® #:
- 24396259
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- Bedrooms:
- 6
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- Bathrooms:
- 4
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- Square Ft:
- 2,352
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- Lot Size:
- 0.11
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- Levels:
- Two
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- HOA Dues:
- $
Price Change History for 4250 Michael Avenue, Los Angeles, (MLS® #24396259)
| Date | Details | Price | Change |
|---|---|---|---|
| Active | – | – | |
| Price Reduced | $1,975,000 | $24,950 (1.25%) | |
| Active Under Contract (from Active) | – | – | |
| Price Reduced (from $2,100,000) | $1,999,950 | $100,050 (4.76%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 16th, 2024 at 4:50pm PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.