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4250 Michael Avenue Los Angeles, CA 90066

6 Beds
4 Baths
2,352 Sqft
4,904 Sqft lot
0.11 Acre lot
Status: Activeundercontract
Property Type: Single Family Residence
Year Built: 1941
Days on Website: 101

Property listed by Redfin, Justin Vold

Description

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 has most recently been rented for $6000. Each ADU rental has a proven track record, ranging from $2650 to $2750 for a combined $5400, making them a significant source of rental income. The total property income is $11,400 per month. 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!

Open House

Property Details and Features

  • Dishwasher
  • ElectricOven
  • GasRange
  • Range
  • Refrigerator
  • RangeHood
  • Dryer
  • Washer
  • 4 full bathrooms
  • 4 total bathrooms
  • 6 total bedrooms
  • Built in 1941
  • Building area total: 2,352
  • Levels: Two
  • Living area: 2352
  • 2 stories
  • Architectural style: Traditional
  • Common walls: NoCommonWalls
  • CentralAir
  • Electric
  • Gas
  • None
  • Electric
  • HeatPump
  • NaturalGas
  • InKitchen
  • Stacked
  • UpperLevel
  • ListingID: 24396259
  • Standard status: ActiveUnderContract
  • 84 days on market
  • Country: US
  • 0.1126 acres
  • 4,903 square feet
  • Size: 4,903
  • 1 total parking
  • Driveway
  • OffSite
  • OnStreet
  • None
  • CloseOfEscrow
  • Zoning: LAR1
  • TreesWoods
  • None