Under Contract

8417 Waring Ave

Los Angeles CA, 90069

$2,295,000


$550.76 per sqft

Under Contract

7 Beds

5 Baths

4,167 sqft

Residential

Built in 1939

First time on the market in 50 years, this charming traditional 4-unit apartment building is for sale. Built in 1938, this property contains a great unit mix of two (2) one-bedroom / one-bathroom units, one (1) two-bedroom / one-bathroom unit, and one (1) three-bedroom / two-bathroom unit. The two-bedroom unit features a spacious balcony off one bedroom and another balcony off the living room. This coveted neighborhood is adjacent to West Hollywood, close to La Cienega Boulevard, Melrose Place, and Melrose Avenue. This vibrant neighborhood has easy access to restaurants, coffee, shopping, and entertainment; and has a Walk Score of 92. The building and units have been owned by one person for the past fifty years and have been lovingly maintained. Residents enjoy this quiet, tranquil oasis with multiple outdoor areas brimming with beautiful flowers and trees, making this building well-known in the area. The landscaping and sprinkler system have been upgraded, and the building trim and garage doors have been recently painted. The owner has spent over $90,000 in the past 12 months, renovating a vacant unit and replacing older plumbing under the property. Each unit has a one-car garage, wall/window AC, tankless water heaters, and washer/dryer units. The vacant unit was remodeled with a new kitchen, all new appliances, carpet, and blinds. Other units have all been upgraded at various times, as two were owner residences. The tenants pay for gas, electricity, and cable. The property across the street recently replaced their garages with another unit - Let's see if there is potential here! Buyer to verify. This beautiful and well-maintained income property will provide new owners with an easy transition for a stable asset. PLEASE DO NOT DISTURB TENANTS!!

24-385329

MLS ID

May 1, 2024

Listed

May 15, 2024

Updated

Map

8417 Waring Ave
Los Angeles CA, 90069

Interior Features

Total Stories

2


Bedrooms

7


Total Bathrooms

5


Appliances

Dryer, Range/Oven, Refrigerator, Washer, Dishwasher


Laundry Description

In Unit


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window


Heating

Yes


Heating Description

Floor Furnace

Exterior/Building Features

Lot Size

0.17 Acres

Other Property Details

Area Name

West Hollywood Vicinity


Days on Market

14


Garage

Yes


Garage Spaces

4


Parking

Garage Is Detached


Parking Total

4


View

No


County

Los Angeles


Pool

No


Pool Features

None


Zoning

LAR3

Listing History

Date

Event

Price

5/15/2024

Under Contract

Listed by Andrea Gressinger with KW Advisors
Listing Contact: 310-940-1024 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Revel Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 5/15/2024

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