Address
401 N Vista Street Los Angeles, CA
Price
$ 3,225,000
Property Attributes
  • MLS#21769812
  • TypeContingent
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaBeverly Center-Miracle Mile
  • Zip90036
  • Style
  • Price$ 3,225,000
  • Bedrooms7
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage5257
  • Lot Size7,115 SqFt
Listing Provided Courtesy Of:
Kenny Stevens with Compass - 310-968-7005
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

*** Recently reduced by $150,000 *** 401 N. Vista, a pristine owner/user triplex with a value-add ADU opportunity located in the heart of the Fairfax District. Located one-mile from The Grove, this turnkey triplex is located in a 'Grade A' rental market that is consistently sought-after by high-income young professionals. The 5,257 SF building sits on a spacious corner lot and consists of (1) 3+3 townhouse, (1) 2+2.5 townhouse and (1) 2+2 townhouse. Please note, the 2+2.5 owner's unit may be delivered vacant upon COE. Additionally, ADU renderings and information can be found in the photos and marketing package (buyer to verify). Renovated to the studs in 2017, each garden-style townhouse features high ceilings, large picture windows, a modernized open-concept kitchen with custom cabinets and quartz countertops, a seated bar area and spacious dining room. Each unit features its own private outdoor area and shared access to a large rooftop deck perfect for outdoor entertainment and relaxation. With a substantial price reduction, a gross rental income over $200K and an outstanding 4.66% CAP rate, this property is one of the top income-producing triplexes in Los Angeles.

Price History
8/13/2021 Listed $3,375,000
10/15/2021 5% - $3,225,000

General Features

Appliances Dishwasher, Dryer, Washer
Co-Listing Agent State License # 02054048
Co-listing Agent Max Berger - BRE#02054048
Cooling Central Air
Flooring Carpet, Tile, Wood
Garage Spaces 3
Garage Y/N Yes
Heating Central
Interior Features Ceiling Fan(s)
Listing Agent Kenny Stevens - BRE#01090251
Listing Agent State License 01090251
Lot Size Square Feet 7115
MLS Area C19 - Beverly Center-Miracle Mile
Property Type Residential Income
PropertyCondition Updated/Remodeled
Senior Community Y/N No
Special Listing Conditions Standard
Status Active Under Contract
Total Units 3
Virtual Tour https://vimeo.com/581357245
Zoning LARD1.5

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Stacked

Exterior Features

Lot Size Acres 0.16
Lot Size Area 7115
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 1
Parking Features Garage, Uncovered
Total Parking 6

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 90036

Price
AVG $2.18M
$3.23M
Visits
AVG 28
46
Year Built
AVG 1936
1929
Walkscore
AVG 88
89
Data Provided by Walkscore ® not using MLS data

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