2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
SEE ALL PHOTOS
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
2016 N Vista Del Mar Ave
For Sale

2016 N Vista Del Mar Ave

2016 N Vista Del Mar Ave, Los Angeles, CA 90068

$3,995,000
WOW! 5.2% CAP rate, with market rate rents in a fully renovated, turnkey bungalow court on a rare, oversized double lot. We've just reduced this trophy property over $800,000 and the price is right, right now! Ownership and cash flow is a breeze with new market rate renters in 6 fully renovated units. 2016 Vista Del Mar is 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 complex. 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 Cafe 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 for investors seeking for top-rate market rents, steady cash flow, and easy maintenance. Nestled on a quiet street just north of Franklin Ave. at the base of the Hollywood Hills, you are moments from Franklin Village, Gelson's Market, shopping, the 101 freeway, offices, restaurants, and entertainment in Hollywood, and miles of trails and recreation in Griffith Park.

7
beds

8
baths

4,492 Sq.Ft. LIVING AREA

0.28 Acres lot

Courtney Pickard

Courtney Pickard

Joe Reichling

Joe Reichling

Features & Amenities

Interior

  • total bedrooms7
  • Total bathrooms8
  • APPLIANCES Washer, Refrigerator, Range/Oven, Garbage Disposal, Dryer, Built-Ins, Alarm System, Dishwasher, Hood Fan

Area & Lot

  • Status For Sale
  • Living Area4,492 Sq.Ft.
  • Lot Area0.28 Acres
  • MLS® ID24-394545
  • TypeMulti-Family
  • YEAR BUILT1921
  • Architecture StylesBungalow

Exterior

  • STORIES1
  • parkingAssigned, Auto Driveway Gate, Carport Detached
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral

Financial

  • Sales Price$3,995,000
  • Zoning LARD1.5

Work With Us

Our clients have made us the top selling team in the markets we serve, resulting in over $650M of closed real estate transactions. Experience the difference a great real estate team can make.