2016 N Vista Del Mar Avenue Los Angeles, CA $ 4,800,000
2016 N Vista Del Mar Avenue
$ 4,800,000
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2016 N Vista Del Mar Avenue

Los Angeles, CA, 90068
$ 4,800,000
Bedrooms7 Baths8.0 Sq 4,492

Monthly Estimate*

$ 33,529

Listed by Compass
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Multi-Family Home for sale in Los Angeles, CA

for $4,800,000 with 7 bedrooms and 8 full baths. This 4,492 square foot home was built in 1921 on a lot size of 0.2816.

Welcome to 2016 Vista Del Mar, a boutique collection of 6 newly reimagined bungalows in the Hollywood Hills. AIH Development presents a modern take on LA's quintessential courtyard residences, providing a best-in-class turnkey investment property for a discerning portfolio. Behind a sleek exterior of custom milled cedarwood and iron fencing, with keyless entry, automatic driveway gate, and Door Bird guest communications system, the residences are centered around a serene landscaped and lighted courtyard. With a muted palette and clean architecture, four traditional 1 bedroom bungalows are each equipped with their own unique outdoor spaces ranging from side patios to private grassy yard spaces. A spacious 2 bedroom, 2.5 bathroom "Owner's Unit" is large standalone home, and a private 1 bedroom + office unit offers a lovely flow and private back yard. No expense was spared in the modernization of this community. From stucco to windows, doors, roofs, water lines, sewer, electrical, and HVAC, each structure has been meticulously rebuilt with energy efficiency, longevity, and ease of maintenance in mind. The interiors provide a luxe and elevated style of living, with 7" wide white oak engineered hardwood flooring, shadow box moldings, custom window treatments and solid wood Dutch doors. Finishes surprise and delight, showcasing a rare attention to detail and quality. Kitchens feature Caesarstone countertops, custom white oak cabinetry with soft close drawers, Bosch and GE Caf appliances. The bathrooms offer Grohe and Toto fixtures with playful designer tile. Each unit is complete with custom millwork closets, LG washers and dryers, along with individual Post Alarm systems and energy efficient central HVACs. Covered parking for 7 vehicles features EV charging capabilities individually metered for each unit. An incredibly rare trophy property with unlimited potential- for individuals desiring a compound for creative endeavors, or investors simply looking for top-rate market rents, steady cash flow, and easy maintenance. A unique opportunity to fully outfit all bungalows for furnished, longer term stays, inquire with agent about local successful case studies. Nestled on a quiet street just north of Franklin Ave. at the base of the Hollywood Hills, you are moments from Franklin Village, the 101 freeway, offices, restaurants, and entertainment in Hollywood, and miles of trails and recreation in Griffith Park.

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Multi-Family Active

Price

$ 4,800,000

Bedrooms

7

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Bungalow

Lot Size

0.2816

Year Built

1921

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24368617

Days on Market

43

Features
General
Heating Central
Cooling CentralAir
Appliances Dishwasher Disposal Refrigerator Dryer Washer
Zoning LARD1.5
Architectural Style Bungalow
Year Built 1921
Stories 1
Levels One
Gross Income 320820.0
County Los Angeles
Net Operating Income 232194.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions From Franklin Avenue take Vista Del Mar Ave North.
City Los Angeles
Disclosures RentControl SellerDisclosure
View Y/N N
Senior Community Y/N N
Total Units 6
MLS Area C30 - Hollywood Hills East
Lot Size Square Feet 12267.0
Private Pool N
Waterfront Y/N N
Carport Y/N Y
Street Name Vista Del Mar
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Virtual Tour https://www.youtube.com/watch?v=rFMKIt_8onQ
Days on Market 31
Standard Status Active
Year Built Source Assessor
Cap Rate 4.84
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Exterior
Parking Features Assigned DetachedCarport ElectricGate
Total Parking 7.0
Lot Size Area 12267.0
Number of Buildings 4
Spa N
Building Area Total 4492.0
Lot Size Acres 0.2816
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Total Bedrooms 7
Electric On Property Y/N N
Total Baths 8
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Internal Only
Street Number 1 2016
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* Excluded Features
List By
Compass

Broker

(719) 248-4825

Phone

Affordability Calculator

$33,529
Per Month
100%
0%
0%
Monthly Principal & Interest
$33,529
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/16/2024$4,800,000 Listed Price

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2016 N Vista Del Mar Avenue, Los Angeles, CA, 90068 is a Multi-Family Home for sale at $4,800,000 with 4,492 sqft and a lot size of 0.2816. 2016 N Vista Del Mar Avenue has 7 bedrooms, 8.0 baths, and was built in 1921. The property's zip code is 90068 which is in Los Angeles, CA