1239 Gordon Street

Los Angeles, CA 90038

$1,991,000
Price
12
Beds
6
Baths
4,119 Sq. Ft.
$483 / Sq. Ft.
4,119
Sq. Ft.
$483
per Sq. Ft.

Description

Exceptional owner-user potential awaits with this lucrative opportunity. The current owner enjoys a monthly income of $12,000-$15,000! Immerse yourself in the grandeur of this vast property, spanning 8,294 square feet in the lively heart of Hollywood, California. This unique offering includes a captivating front house and two generously sized rear units, each brimming with untapped possibilities. The main residence unfolds with a spacious layout, featuring a total of 10 bedrooms, a meticulously designed...Exceptional owner-user potential awaits with this lucrative opportunity. The current owner enjoys a monthly income of $12,000-$15,000! Immerse yourself in the grandeur of this vast property, spanning 8,294 square feet in the lively heart of Hollywood, California. This unique offering includes a captivating front house and two generously sized rear units, each brimming with untapped possibilities. The main residence unfolds with a spacious layout, featuring a total of 10 bedrooms, a meticulously designed kitchen, and 4 modern bathrooms. Simultaneously, the two rear units offer inviting 1-bedroom layouts, equipped with stylish bathrooms, fully appointed kitchens, and the added convenience of separate washer and dryer hook-ups. Parking is abundant, providing 4 covered carport spaces and additional room in the driveway for your utmost convenience. Beyond the property's allure, its strategic location is key. Positioned with precision in proximity to major movie studios, premier shopping destinations, and a plethora of exceptional dining establishments in the heart of Hollywood. Seize this unparalleled opportunity and ensure it doesn't slip away. Whether you're looking for a lucrative investment or a prime owner-user scenario, this property holds the promise of both. Take a look at this incredible price! The reason it's so attractive is because the owner has decided to sell by this Saturday! Act now to make it yours!
  1. Listed by Melissa Zee • DRE #01451028 • Brokerage DRE #01425795 • Keller Williams Beverly Hills
  2. Listed by Hasitha Mahaseelarathnage • DRE #02131447 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 1239 Gordon Street

Water Front
None
Zoning
LAR3
Style
Contemporary
Accessibility Features
None
Parcel Number
5534013006
Total Units
3.0
Living Area
4119
Source Living Area
Vendor Enhanced

Location

Listing Courtesy of Keller Williams Beverly Hills, Melissa Zee, DRE #01451028; Keller Williams Beverly Hills, Hasitha Mahaseelarathnage, DRE #02131447
Add your commute
LISTING UPDATED: 04/19/2024 07:46 PM

Property Details for 1239 Gordon Street

StatusActive
MLS #24-357501
Days on Market76
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.19 AC / 8,297 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beverly Hills, Melissa Zee, DRE #01451028; Keller Williams Beverly Hills, Hasitha Mahaseelarathnage, DRE #02131447
Add your commute

Building Information for 1239 Gordon Street

Stories2Residences-Year Built1921Building Size-Lot Size0.19 AC / 8,297 SF

Payment Calculator

$12,727 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,866

Property Taxes

$1,861

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1239 Gordon Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: 3
  • View: Yes
  • View Description: Walk Street
  • Security Features: Fire and Smoke Detection System
  • Direction Faces: West
  • Water: Public, In Street
  • Sewer: In Street, Public Hookup Available
  • Water Heater Features: Water Heater Unit
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Cash To New Loan, Conventional
  • Disclosures: Property Report, As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $168,000
  • Net Operating Income: $146,000.00
  • Gross Income: $168,000
  • Gross Rent Multiplier: $17.80
  • Actual Annual Gross Rent: $168,000.00
  • Total Annual Expense: 22000
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Paved: No
  • Lot Acreage: 0.1905
  • Lot Size Square Feet: 8297
  • Lot Size Dimensions: 61x135
  • Source Lot Size Dimensions: Vendor Enhanced
  • Lot Description: Fenced, Gutters, Walk Street
Parking Details
Parking Details
  • Parking Garage: Garage - 4+ Car, Driveway
  • Total Parking: 0
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Type: Central, Wall/Window
  • Heating: Central
  • Heating Type: Central
  • Flooring: Wood Laminate
  • Equipment: Washer, Dryer, Refrigerator, Microwave
  • Common Walls: Detached/No Common Walls
  • Laundry: Washer Included, Dryer Included
  • Disability Access: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Patio Features: Balcony, Porch
  • New Construction: No
  • Other Structural Features: Balcony
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-14-2024
  • Listing Terms: Cash To New Loan, Cash, Conventional
  • Tenant Pays: Cable TV, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $1,500.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $1,500.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 10
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $11,000.00
  • Unit Actual Rent: $11,000.00
  • Unit Projected Rent: $14,000.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
  • Number of Carpet: 0
  • Number of Dishwasher: 0
  • Number of Disposal: 3
  • Number of Drapes: 0
  • Number of Electric Meters: 3
  • Number of Gas Meters: 3
  • Number Leased: 3
  • Number Patio: 2
  • Number Range: 3
  • Number Refrigerator: 3
  • Number Rented Garages: 0
  • Number Wall AC: 3
  • Number Water Meters: 3
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $643,320.00
  • Assessed Improvement Percent: 35.29
  • Assessed Land Value: $1,179,420.00
  • Assessed Land Percent: 64.71
  • Assessed Total Value: $1,822,740.00

Property History for 1239 Gordon Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1239 Gordon Street

Taxable ValueLand$1,179,420Additions$643,320Total$1,822,740
Tax Record2023$22,336 ($1,861 / month)
Home Facts
Total Finished SqFt4,119 SqFtAbove Grade Finished SqFt4,119 SqFtStories2Lot Size8,294 SqFtStyleDuplexYear Built1921ZoningLAR3CountyLOS ANGELESAPN5534-013-006

Schools near 1239 Gordon Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Hollywood Elementary
PublicK to 5

Vine Street Elementary School
PublicK to 6

Joseph Le Conte Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1239 Gordon Street is a multi-family home for sale in Los Angeles, CA 90038. This property was listed for sale on February 14, 2024 by Keller Williams Beverly Hills, it's currently listed at $1,991,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Hollywood Elementary, Vine Street Elementary School and Joseph Le Conte Middle School. 1239 Gordon Street is a 12-bed, 6-bath, 4,119 sqft multi-family home built in 1921.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Beverly Hills, Melissa Zee, DRE #01451028; Keller Williams Beverly Hills, Hasitha Mahaseelarathnage, DRE #02131447

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.