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8417 Waring Ave, Los Angeles, CA 90069

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For Sale
Sale Pending

$2,295,000

7 beds • 4,167 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $550.76
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!!
MLS# 24-385329

Courtesy Of Keller Williams Santa Monica

(310) 482-2200

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    Window Unit(s) A/C
  • Heating System
    Floor Furnace
  • Lot Size
    0.17 Acres
  • Roof Type
    Unknown
  • Rooms
    Bedroom

Map and Directions

Directions to 8417 Waring Ave, Los Angeles, CA 90069

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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