$1,999,950
- Beds
- 6
- Baths
- 4.0
- sq ft
- 2,352
4250 Michael Ave, Los Angeles, CA 90066
4250 Michael Ave
Los Angeles, CA 90066
- 38 days on market
- Price drop $100,050↓
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!
Details
Property type
Single Family Residence
Lot size
4,903 sq ft
Price per sq ft
$851
Year built
1941
HOA
No
Price History
06/25/2024
![CLAW](/_next/static/media/clawLogo.95a18e7e.png)
CLAW #24396259
Price change
$1,999,950
-4.76%
05/24/2024
![CLAW](/_next/static/media/clawLogo.95a18e7e.png)
CLAW #24396259
Listed
$2,100,000
Schools & Community
Neighborhood:Â
Del Rey
Elementary school:Â
Unknown
Middle school:Â
Unknown
High school:Â
Unknown
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Tomo last checked: 07/01/2024 at 8:25 AM
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