Active
$2,400,000
2 Units
5 Beds
4 Baths
2,244 Area(sq.ft.)
Lot: 5,752 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2 | No | $ 7,500 | $ 7,500 | $ 7,500 |
| Unit 2 | 2 | 2 | 2 | No | $ 6,000 | $ 6,000 | $ 6,000 |
| 3 | 7 | 6 | $ 19,500 | $ 19,500 | $ 19,500 |
| MLS #: | 25544585 |
| Days On Market: | 191 |
| Listing Date: | May 28, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,070 |
| Price per unit: | $ 1,200,000 |
| Year Built: | 1947 |
Property Details
This unique property offers a rare dual-home configuration, giving the impression of owning two distinct and private single-family residences. Live comfortably in one home while using the other as a rental opportunity to help offset your mortgage or rent both properties out. The front home is a beautifully remodeled 3-bedroom, 2-bathroom residence, featuring brand-new appliances and high-end finishes throughout. On the back of the property sits a newly constructed 2-bedroom, 2-bathroom ADU, completed in 2025. This back house showcases vaulted ceilings with skylights that flood the space with natural light, creating a bright and airy ambiance. The chef-inspired kitchen includes ample cabinetry, generous counter space, and a built-in wine fridge ideal for entertaining or everyday enjoyment. The spacious primary suite features a dual vanity and a spa-like bathroom, while floor-to-ceiling sliding glass doors open to a private, turfed backyard an ideal setting for relaxing or hosting guests. Perfectly located in the desirable Del Rey neighborhood, the property is just moments from Playa Vista's tech corridor, trendy shopping centers, and a wide array of dining options. Enjoy a scenic bike ride along the Ballona Creek path to the Marina or head out to the beach. Seize this rare opportunity to own dual residences in the heart of Del Rey.Interested in this Listing?
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Income Details
| Gross Operating Income: | $ 162,000 |
| Total Annual Expense: | $ 40,000 |
| Net Operating Income: | $ 122,000 |
| Gross Annual Income: | $ 162,000 |
| Cap Rate: | 5.08% |
| Gross Rent Multiplier: | 14.81 |
Structure
| Type of Units: | SFR + ADU |
| Buildings: | 2 |
| Levels: | One |
| Style: | Other |
Land & Parking
| Zoning: | LAR1 |
| Parking Garage: | Driveway |
Interior
| AC/Cooling: | Central |
| Equipment: | Built-Ins, Dryer, Dishwasher, Garbage Disposal, Freezer, Microwave, Range/Oven, Refrigerator, Washer |
| Heating: | Central |
Exterior
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