Los Angeles, CA 90042,5244 Hub ST
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SimpliHŌM - Making Real Estate Simple

SimpliHŌM - Making Real Estate Simple

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$ 2,300,000
Est. payment | /mo

6 Beds

3 Baths

2,920 SqFt


Save
$ 2,300,000
Est. payment | /mo
Save

6 Beds

3 Baths

2,920 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,920 sqft

Price per Sqft $787

MLS Listing ID 24465751

Bedrooms 6

HOA Y/N No

Year Built 1930

Lot Size 5,837 Sqft

Property Description

Welcome to this exceptional duplex situated on a peaceful, treelined street in the heart of Highland Park, one of the most desirable areas in LA. This property perfectly combines a tranquil setting with walkable access to the vibrant restaurants, shops, music venues, and galleries that make Highland Park so popular. Nestled in a historic and artistic community, this duplex offers a unique opportunity for both homeowners and investors. The rear unit, 5244, is a beautifully renovated 3 bed, 2 bath home that underwent a complete remodel in 2023. It boasts recessed lighting throughout, a fully updated kitchen, new doors, French patio doors in the living room, and retrofitted windows. Outside, enjoy a private patio with a barbecue area shaded by a guava tree, perfect for outdoor entertaining. Additional upgrades include a tankless water heater, new roof, and enhanced foundation with drainage. The unit also features laundry hookups and outdoor parking for three cars, with convenient alley access through a newly installed automatic gate framed by lush bougainvillea plants. The front unit, 5246, is a well-maintained 3 bed, 1.5 bath two story home built in 1969. The bright and inviting interior features a spacious eat in kitchen with wood cabinetry and views of surrounding lemon trees and greenery. Downstairs, a welcoming entryway with an open oak staircase leads to the upper level, where you find three generously sized bedrooms with newly refinished oak floors and a full bathroom. A half bath is conveniently located on the first floor, along with a private laundry room offering ample space for folding and storage. This unit also includes a private 2 car garage with direct street access, adding to its appeal. For investors, this property offers an unparalleled opportunity, as both units will be delivered vacant at the close of escrow, allowing you to set market rents from day one. With its prime location, upgrades and exceptional income potential, this duplex is a rare find in Highland Park and an ideal investment opportunity. Pictures coming soon!

Location

State CA

County Los Angeles

Area 632 - Highland Park

Zoning LAR1

Interior

Interior Features Ceiling Fan(s)

Heating Natural Gas

Flooring Carpet, Tile, Wood

Fireplace No

Laundry Laundry Room, Outside

Exterior

Parking Features Converted Garage, Driveway, Electric Gate

Garage Spaces 2.0

Garage Description 2.0

Pool None

Attached Garage Yes

Total Parking Spaces 7

Private Pool No

Building

Story 2

Entry Level One,Two

Architectural Style Contemporary

Level or Stories One, Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5478017035

Security Features Security Gate

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Mary Chitty • Rodeo Realty
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5244 Hub ST