2016 N Vista Del Mar Avenue
Los Angeles, CA, 90068 $ 4,800,000
Bedrooms7 Baths8.0 Sq 4,492 Monthly Estimate*
$ 33,529
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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FeaturesGeneralHeating 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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ExteriorParking 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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InteriorTotal 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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* Excluded FeaturesAffordability Calculator
- 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.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $2,000,821
Percent of Sale Price 58%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/16/2024 | $4,800,000 | | Listed Price |