34.107273 -118.3413

6921 PASEO DEL SERRA Los Angeles, CA 90068

315883634 34.107273 -118.3413 213 /listing/315883634-150367974/6921-paseo-del-serra-los-angeles-ca-90068 False 0 790000.0 868 105 2 2 22-158071 False
  • $790,000
  • 2 bd
  • 2 ba
  • 868 sqft
  • 39x84 lot
  • Est payment $4240.89/mo

Property & Neighborhood Info

Courtesy Of Marcus & Millichap

Multi-Family in LOS ANGELES

We are pleased to present the opportunity to acquire 6921 Paseo Del Serra, is a single-family house with a non-conforming income-producing property located in the beautiful Hollywood Hills. Nestled in a quiet enclave atop the Hollywood Hills, this unique investment opportunity comprises of one (1) one-bedroom / one-bath unit and one (1) studio unit. The property is situated on a 4,651 square foot lot with approximately 868 square feet of living space. This offering is perfect for an owner/user who is looking to take advantage of the relaxing retreat-style property, one that allows all the tenants to relax away from the hustle and bustle of the city life down below. The property is engulfed in lush greenery and boasts outstanding views of the city and the Hollywood hills. The property has undergone various upgrades throughout the years but still has great value-add potential. Current Rents are below market, giving a new owner generous upside through cosmetic renovations. Due to the property's convenient access to the 101 freeway, the area serves as a strong draw from a diversified tenant base. It is steps away from Yamashiro's Farmers Market on Thursdays, Hollywood Bowl, Hollywood & Highland, Runyon Canyon, and countless other amenities.

Courtesy Of Marcus & Millichap
  1. 2 Beds
  2. 2 Baths
  3. 868 Sq. Ft.
  4. 39x84 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1954
  • Floors: 1
  • County: Los Angeles
  • Units: 2
  • Zoning: LAR2
  • MLS Number:22-158071

Additional Features

  • Cooling:
    • None
  • Disclosures:
    • None
  • Unit 1 Furnished:
    • No
  • Unit 2 Furnished:
    • No
  • Other Structures:
    • Accessory Dwelling Unit
  • Parking:
    • Attached
  • Parking Spaces:
    • 2
  • Heating:
    • Wall
  • Number of Buildings:
    • 1
  • Board:
    • The Combined Los Angeles/Westside MLS
  • Gross Income:
    • 48000
  • Net Operating Income:
    • 30480.00
  • Special Conditions:
    • Standard
  • Cap Rate:
    • 3.86
  • Expenses:
    • 16080
  • Gross Operating Income:
    • 46560
  • Listing Agent License Number:
    • 01933858
  • Lot Size Area:
    • 4645
  • LP Per SQFT:
    • 910.14
  • Other Equipment:
    • None
  • Total Acres:
    • 0.1066
  • Unit 1 Bathrooms:
    • 1.00
  • Unit 1 Bedrooms:
    • 1
  • Unit 1 Rent:
    • 2400.00
  • Unit 1 Total Units:
    • 1
  • Unit 2 Bathrooms:
    • 1.00
  • Unit 2 Bedrooms:
    • 0
  • Unit 2 Rent:
    • 1600.00
  • Unit 2 Total Units:
    • 1
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Danny Mahelka
Danny Mahelka
301 N. Canon Drive Beverly Hills CA 90210
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34.107273 -118.3413

6921 PASEO DEL SERRA Los Angeles, CA 90068

315883634 34.107273 -118.3413 213 /listing/315883634-150367974/6921-paseo-del-serra-los-angeles-ca-90068 False 0 790000.0 868 105 2 2 22-158071 False
  • $790,000
  • 2 bd
  • 2 ba
  • 868 sqft
  • 39x84 lot
  • Est payment $4240.89/mo