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 $140,000 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.
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Location
701 Lorraine Blvd, Los Angeles, CA 90005
Status
For Sale
Property Amenities
View additional property information below.
Interior
Laundry roomLaundry Area
Total Bedrooms:8
Area & Lot
Lot Area7,312 Sq.Ft.
Living area5,218 Sq.Ft.
MLS® ID23-264987
Year Built1936
TypeMulti-Family
StatusFor Sale
Exterior
Stories2
PoolNone
Air conditioningOther
Heat typeOther
Other Exterior FeaturesNone
ParkingAssigned, Covered Parking, Private, On street