3666 Regal Pl, Los Angeles CA 90068
OFFERING PRICE: $2,000,000
MVP Commercial is pleased to present 3666 Regal Place – a five (5) unit multifamily investment opportunity located in prime Hollywood Hills. This two story, wood frame stucco building consists of 3,476 SF of living area and is situated on a 6,567 SF lot zoned LARD1.5. Further, the owner is willing to carry the financing on the new 1st Trust Deed and the terms of the note are negotiable.
This property features: One (1) Two Bedroom / Two Bath unit and Four (4) One Bedroom / One Bath units. Unit #2 (One Bedroom / One Bath) will also be delivered vacant. This pride of ownership property boasts spacious floor plans with hardwood and tile floors, granite counter tops, newer appliances, and central HVAC. Additionally, the property is individually metered for both gas and electricity and provides an owned on-site laundry room for additional income.
The owner has installed tankless water heaters in some of the units, updated and improved the landscaping, replaced 50% of the roof, and purchased a communal BBQ for the tenants’ enjoyment. A new owner/investor will benefit from this trophy property that provides six (6) parking spaces for the tenants, private and charming courtyards, gated entry with an intercom system, and units that are in high rental demand.
3670 Regal Pl, Los Angeles CA 90068
OFFERING PRICE: $1,650,000
MVP Commercial is pleased to present 3670 Regal Place – a four (4) unit multifamily investment opportunity located in prime Hollywood Hills with the option of seller financing being available. This building consists of 3,122 SF of living area and is situated on a 6,982 SF lot zoned LARD1.5. In addition to providing five (5) garage parking spaces and one (1) carport, the building also boasts a desirable unit mix of One (1) Two Bedroom / Two Bath unit and Three (3) One Bedroom / One Bath units. Unit #3676 (Two Bedroom / Two Bath) will also be delivered vacant.
The owner has taken great care of the property and recently replaced the roof as well as completing extensive landscaping work. This stunning pride of ownership offering boasts spacious floor plans with hardwood and tile floors, granite counter tops, newer appliances, and central HVAC. Additionally, all units are individually metered for both gas and electric and provide private washers and dryers in each unit. The Two Bed / Two Bath unit also has a private entrance via the garage.
The new owner/investor will benefit from this pride of ownership property that provides private and charming courtyards, gated entry with an intercom system, and units that are in high rental demand in a phenomenal location.
For more information, please download the Offering Memorandum.
INVESTMENT HIGHLIGHTS
- 1 BEDROOM +1 BATH UNIT BEING DELIVERED VACANT
- SELLER MAY CARRY FINANCING
- One (2 Bedroom + 2 Bath) + Four (1 Bedroom + 1 Bath)
- Central HVAC, Hardwood & Tile Floors, Granite Countertops, New Appliances
- On-Site Laundry Room & Gated Entry with Intercom System
- Charming Courtyards, Private Patios, & Communal BBQ Area
- Six (6) Parking Spaces | Soft Story Retrofitting Permit in Place
- Improved and Updated Landscaping | Security Cameras
INVESTMENT HIGHLIGHTS
- 2 BEDROOM +2 BATH UNIT BEING DELIVERED VACANT
- SELLER MAY CARRY FINANCING
- One (2 Bedroom + 2 Bath) + Three (1 Bedroom + 1 Bath)
- Central HVAC, Hardwood & Tile Floors, Granite Countertops
- New Appliances
- Private Laundry Facilities in Each Unit
- Five (5) Garage Parking Spaces & One (1) Carport
- Gated Entry with Intercom System, Private Patios & Decks
LOCATION HIGHLIGHTS
- Large Side by Side Lots Zoned LARD1.5
- Prime Hollywood Hills Location
- Close Proximity to Universal City Walk, Hollywood Bowl, Griffith Park, and Hollywood Blvd
- Charming and Quiet Neighborhood with High Rental Demand
LOCATION HIGHLIGHTS
- Large Side by Side Lots Zoned LARD1.5
- Prime Hollywood Hills Location
- Close Proximity to Universal City Walk, Hollywood Bowl, Griffith Park, and Hollywood Blvd
- Charming and Quiet Neighborhood with High Rental Demand
MVP Commercial Investment Real Estate does not guarantee the accuracy of square footage, lot size or other information concerning the condition or features of the property provided by the seller or obtained from public records or other sources and the buyer is advised to independently verify the accuracy of that information through personal inspection with appropriate licensed professionals. If your home is currently listed with another broker, this is not intended to solicit that listing. CalBRE 01816119, 01483131.
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