CA > Los Angeles
Los Angeles, CA 90005,701 Lorraine BLVD
Los Angeles, CA 90005,701 Lorraine BLVD
Los Angeles, CA 90005,701 Lorraine BLVD
Los Angeles, CA 90005,701 Lorraine BLVD
Los Angeles, CA 90005,701 Lorraine BLVD
Los Angeles, CA 90005,701 Lorraine BLVD
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Rene Duarte

Rene Duarte

+1(714) 472-8508
$ 2,590,000
Est. payment | /mo

8 Beds

8 Baths

5,218 SqFt

Save
$ 2,590,000
Est. payment | /mo
Save

8 Beds

8 Baths

5,218 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,218 sqft

Price per Sqft $496

MLS Listing ID 25547871

Bedrooms 8

HOA Y/N No

Year Built 1936

Lot Size 7,313 Sqft

Property Description

One of the most beautiful curb appeals. Welcome to 701 Lorraine Blvd, located in the prestigious Hancock Park neighborhood! Surrounded by meticulously maintained landscaping and gardening, this property is truly a sight to behold. This stunning income property offers exceptional curb appeal and is a perfect investment opportunity, generating approximately $150,000 per year in income. Comprised of four spacious 2-bedroom units, this property is updated with hardwood flooring throughout, providing a luxurious touch. Every unit features a cozy fireplace in the living room, creating a warm and inviting ambiance for residents and guests alike. Each unit even has its own separate electric and gas meters, providing convenience and flexibility for tenants. The property has also been updated with copper pipes and electric systems, ensuring efficient and reliable utilities for years to come. This income property offers a prime location with easy access to renowned shopping, dining, and entertainment options. It is also within close proximity to prestigious schools, parks, and other amenities, making it an attractive option for potential tenants. 1 UNIT will be vacant from August 2025.

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LAR3

Interior

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned, Covered, Private, On Street

Pool None

Total Parking Spaces 4

Private Pool No

Building

Story 2

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5090031018

Special Listing Condition Standard

CRMLS – RECore
Listed by Litta Lee Coldwell Banker Realty
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 472-8508

reneduarte.realty1@gmail.com

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701 Lorraine BLVD