Perfect for an owner investor or investor, this 1937 French Normandy style property has the potential to deliver significant future income upside to the new owner. Conveniently located in the Roxbury Park neighborhood of Beverly Hills, this comfortable residence is just minutes from Rodeo Drive and the attractive shopping and dining areas in the heart of Beverly Hills. In the 1990s the two back units were converted into one 2200 foot townhouse with 4 beds, 3.5 baths, master suite with bath and walk-in closet, large formal dining room and chef's kitchen. In front of this "owner's residence" is a 1 bed, 1.5 bath rental unit, and the third unit at the front of the property is a 1400 foot 2 bed, 1.5 bath rental unit. Utilities are metered separately, and all units have central HVAC, hardwood floors, updated kitchens, large living rooms, high vaulted ceilings and their own laundry. There have been several other upgrades over the years, including new paint, new double pane windows, bathroom upgrades, and there are two double garages and an open parking spot at the back of the building. Great opportunity to own your own home which doubles as an income property, or generate a respectable investment return that will keep giving you added value over time.
Investment
$1,000 Monthly Maintenance/CC
Built in 1937
MLS/Listing ID PF21236845
Listing Courtesy of PASADENA, CHRISTIAN STILLMARK - 626-319-6927
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE