7262 Waring Ave

This well-located, 2,989 SF triplex, built in 1926, sits on an 8,649 SF lot and has 6 bedrooms and 4 bathrooms, with two separate addresses.751 N. Alta Vista Blvd. is a large detached 2-bedroom + 2-bathroom bungalow-style unit with a washer/dryer, backyard, and a side yard.7262-7264 Waring Ave. is a duplex, with each unit consisting of 2 Bedrooms and 1Bathroom, a tranquil backyard, and a garage. This is a fantastic opportunity for an Owner/User to live in the vacant unit and use the rent from the tenants to offset their mortgage or a value-added operator who would employ CAPEX to renovate the vacant unit and construct ADUs to stabilize the property for a higher rate of return. Located in a vibrant and trendy Los Angeles neighborhood adjacent to West Hollywood, Beverly Hills, Hollywood, and Pico Robertson, it is ideally situated between Melrose Ave., Santa Monica Blvd., La Brea Ave., and N. Fairfax Ave. This prime location offers residents easy access to lively nightlife, diverse entertainment venues, cultural hotspots, and trendy dining options for which the area is renowned. The area is densely populated, and 7262-7264 Waring Ave. and 751 N. Alta Vista Blvd. are within walking distance of trendy shops, delicious eateries, parks, and entertainment options. Major employers nearby include Live Nation, Technicolor, Viceroy Hotel Group, Ticketmaster, and UCLA.

Sold