4250 Michael Ave, Los Angeles, CA 90066

$2,100,000
6
BD
4
BA
2,352
SqFt
List Price
$2,100,000
MLS#
24-396259
Year Built
1941
Bedrooms
6
Bathrooms
4
Living Sq. Ft
2,352
Lot Size
4,903
Days on Market
21
Property Type
Single Family Residential
Style
Traditional
Stories
2

Property 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 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!

Additional Information

Other Buildings
GuestHouse, Accessory Bldgs
Bedroom Features
Main Floor Bedroom
Kitchen Features
Quartz Counters
Pool Description
None
Heat
Electric, Natural Gas, Solar Heat Other, Heat Pump
Cooling
Multi/Zone, Electric, Gas, Central
View
Trees/Woods
Number of Cars in Garage
Driveway, On street, Offsite

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Justin Vold () from Listing Office: Redfin.