Veterans United Realty
52 Photos

4250 Michael Avenue, Los Angeles, CA 90066

$2,100,000 Asking Price

6 beds
4 baths
2,352  sqft
Built in 1941

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!


Listing Status:
Active
Date Added:
May 24, 2024 — 24 days ago
Listing Office:
Redfin, Justin Vold (310-895-5025)
Office Phone:
877-973-3346
MLS ID:
24396259

Features & Amenities

Interior

Appliances:
Dishwasher,Electric Oven,Gas Range,Range,Refrigerator,Range Hood,Dryer,Washer
Laundry:
In Kitchen,Stacked,Upper Level
A/C:
true, Central Air,Electric,Gas
Heating:
true, Electric,Heat Pump,Natural Gas
Fireplace:
None

Exterior

General:
Guest House
Style:
Traditional
Other Structures:
Guest House
Pool:
None
Parking:
Driveway,Off Site,On Street, Parking spaces: 1

Construction

General:
2

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LAR1, 4230019010
View:
Trees/Woods, View

Financial

Source:
CRMLS

This listing courtesy of:
Redfin, Justin Vold

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by RealtyWatch Solutions. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last Updated: June 17, 2024 7:28 am.

Copyright © 2024 Veterans United Realty and Did You Serve, LLC. Homefront.com is NOT affiliated with any government agencies, including the VA. Homefront.com is a service of Did You Serve, LLC. Veterans United and the Veterans United House logo are registered trademarks of Mortgage Research Center, LLC, used under license agreement. Terms of Use.

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