$1,999,000

1026 S Crescent Heights, Los Angeles, CA 90035

6 beds |
4 baths

Multi-Family Home
Built in ——
5,493sqft lot
—— car garage
$——/sqft
Listed 16 days ago

Property Description

Welcome home to the Highly sought-after Carthay Square. This charming and specious Duplex offers a unique blend of a beautiful Spanish-Style 1930s Classic Home to live in, together with a great, positively cash flowing real estate investment. This Beverly Hills Adjacent area is likely to enjoy an everlasting value. Each unit boasts over 2,000SF of a large home full of light, with 3 bedrooms 2 baths and an office. Each unit has a formal living room with an impressive fireplace, oversized window that looks over the tree-lined street and a formal dining room with high ceiling and a beautiful chandelier. Each unit has a utility / laundry room that leads to the back door. The property is well maintained by the current owner and shows pride of ownership. The backyard has a private swimming pool. The property comes with two separate 2-car garages, one for each unit. A Savi investor or homeowner may consider the potential of converting the garage into two additional ADUs or building 2 ADUs above the garage for additional income. At the current configuration the duplex has a 5.3% CAP rate, but with the proposed ADUs it can get up to the 7+. The downstairs unit is currently rented at $5,300 per month but the upstairs unit will be delivered vacant for the buyer to either occupy or rent for a similar or a higher rent. A financing scenario that was obtained from a major bank shows the total monthly out of pocket payment for an owner occupied to be $4,628 including Tax and Insurance, with a 20% downpayment (subject to qualification). This is a unique opportunity to have it all in an ama

Listing Status:: Active
Date Added:: May 27, 2026
Data Last Updated:: June 13, 2026 at 7:11AM
Listing Office:: Doron Refael, Broker : 714-253-2883
Listing Agent:: Doron Refael : 714-253-2883
MLS ID:: OC26115107

A/C: Central Forced Air

Pool: Private

General: 2 Story

HOA Amenities: 0.0
Originating MLS: California Regional MLS
County: Los Angeles

Zoning: Assessor5087018029

Source: California Regional MLS

This listing courtesy of Doron Refael , Doron Refael, Broker

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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