701 Lorraine Boulevard
Los Angeles, CA 90005
5218 sqft | 8 beds | 0.17 acres | #25547871
Description
One of the most beautiful curb appeals. Welcome to 701 Lorraine Blvd, located in the prestigious Hancock Park neighborhood! Surrounded by meticulously maintained landscaping and gardening, this property is truly a sight to behold. This stunning income property offers exceptional curb appeal and is a perfect investment opportunity, generating approximately $150,000 per year in income. Comprised of four spacious 2-bedroom units, this property is updated with hardwood flooring throughout, providing a luxurious touch. Every unit features a cozy fireplace in the living room, creating a warm and inviting ambiance for residents and guests alike. Each unit even has its own separate electric and gas meters, providing convenience and flexibility for tenants. The property has also been updated with copper pipes and electric systems, ensuring efficient and reliable utilities for years to come. This income property offers a prime location with easy access to renowned shopping, dining, and entertainment options. It is also within close proximity to prestigious schools, parks, and other amenities, making it an attractive option for potential tenants. 1 UNIT will be vacant from August 2025.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$2,590,000
- MLS #25547871
- MLS #25547871
- Cost2590000
- Acres0.1679
- Square Feet5218
- Year Built1936
- Bedrooms8
- Stories2
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Litta Lee (#CLW-X10681)
Listing Office: Coldwell Banker Realty (#CLW-B2000101)
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