3901 De Longpre Ave

Los Angeles CA 90027

4351 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Los Feliz bordering Silver Lake Forplex - rare opportunity in Franklin Hills to own a 1920s Spanish Colonial Revival 4 unit property in one of Los Angeles most sought-after and supply-constrained rental markets.Exisitng rents provide approximately 35% upside through future turnover Positioned on a prominent corner lot along a quiet residential street with phenomenal views this living environment continues to drive strong tenant appeal . Feautures a 2-bedroom / 1-bath unit, Two 1-bedroom /1-bath unit and one studio unit, creating an attractive unit mix above a 5.5 %cap rate for investors and potential owner-users alike. Features 2 garages, on-site laundry for supplemental income potential. Four tiered units Ideally situated just moments from Los Feliz Village, Sunset Junction, Hyperion corridor, Griffith Park, and some of LAs most beloved cafes, restaurants, nightlife, and boutique retail destinations, the property continues to benefit from the areas strong rental demand driven by lifestyle, walkability, and central connectivity. Convenient access to the 2, 5, and 101 freeways further enhances long-term desirability for both tenants and future ownership. Whether you are seeking a generational investment asset, expanding a multifamily portfolio, or securing a trophy character property in a premier Los Angeles neighborhood, 3901 De Longpre Ave presents a compelling opportunity to invest in one of the citys most enduring and highly coveted rental corridors.

Features

4 bedrooms

4 bathrooms

4351 sq. ft. lot size

Multi-Family

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