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$8,250,000

Est. payment - /mo

18 Beds

14 Baths

10,916 SqFt

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 10,916 sqft

Price per Sqft $755

MLS Listing ID 26694653

Bedrooms 18

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1938

Lot Size 0.629 Acres

Property Description

Perfect owner-user or family/creative compound. Vista Gardens is a private, gated community consisting of five exceptional for-lease single family homes as an income producing property at the base of the Hollywood Hills. Comprised of three bedroom and four bedroom two-story homes that average over 2,000 square feet, each home has beautiful appointments, including hardwood floors and crown molding. All of the homes have a formal dining room, a separate laundry room, and an additional room that can be used as a bedroom, office, library or family room. Two gated vehicle entrances lead to private garages. The five homes sit behind a private wall in a lushly manicured courtyard setting on over 27,000 square feet of land. Each home has its own dedicated lawn as well as one or two large balconies off of the upstairs bedrooms. One home has a private swimming pool and expansive deck in its backyard. The Seller recently invested approximately $500,000 in a comprehensive transformation of 1722 N. Vista Street, a distinguished four-bedroom residence complete with a swimming pool. This meticulous renovation included the addition of a fourth en-suite bathroom, a complete upgrade of the plumbing infrastructure, anew roof, and a modernized electrical system. Enhancements to the outdoor living space feature a newly constructed pool deck. The interior has undergone a complete cosmetic rejuvenation, including the installation of bespoke cabinetry and flooring throughout, alongside the finest new fixtures, exquisite tilework, and luxurious new bathtubs and shower fixtures in each bathroom, among numerous other refinements. At the end of 2020, four homes were appointed with central heat and air and refurbished hardwood floors. As well, the mature landscaping has been meticulously maintained. Based on recent single family home rent comparables, there appears to be approximately 14% upside. Located just two blocks south of Runyon Canyon Park and north of Hollywood Boulevard, Vista Gardens is walking distance to the vibrant restaurants and retail shops along world-famous Sunset Boulevard, and is central to Hollywood's legendary entertainment industry employment base and best-in-class entertainment venues. Vista Gardens provides a savvy investor the rare opportunity to acquire five elegantly appointed single family rental homes on an oversized lot in the heart of Hollywood.

Location

State CA

County Los Angeles

Area C03 - Sunset Strip - Hollywood Hills West

Zoning LARE9

Interior

Interior Features Ceiling Fan(s), Crown Molding, Sunken Living Room

Heating Central

Cooling Central Air

Fireplaces Type Bath, Den, Dining Room, Family Room, Kitchen, Library, Living Room, Outside

Fireplace Yes

Appliance Refrigerator, Dryer, Washer

Laundry Laundry Room

Exterior

Parking Features Door-Multi, Door-Single, Garage, Private, One Space

Garage Spaces 8.0

Garage Description 8.0

Pool Private

Community Features Gated

View Y/N Yes

View Courtyard

Porch Deck

Total Parking Spaces 13

Private Pool Yes

Building

Lot Description Back Yard, Front Yard, Lawn, Landscaped, Value In Land

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5550001005

Security Features Gated Community,Key Card Entry

Special Listing Condition Standard

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Listed by Kadie Presley CB Richard Ellis, Inc. #01476551

NEARBY SCHOOL & BUSINESS

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GUIDE Real Estate

+1(408) 381-3008

Broker | CA DRE#01976964

Broker CA DRE#01976964

1718 N Vista ST Los Angeles, CA 90046

GUIDE Real Estate

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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