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3840 Tracy Street

Los Angeles (City), CA 90027
  • $1,450,000
  • STATUS: Closed
  • ON SITE: 46 Days
  • ID#: 24364605
Sold - 04/11/2024
$1,450,000
SOLD - 04/11/2024
  • 4
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,124
    SQFT
  • $683
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Listing Agent(s): Juleen Exum of True Story Realty (310-922-6509)


Description

Charming 1940s duplex located in the highly coveted Franklin Hills neighborhood of Los Feliz. This is the first time this property has been on the market in 52 years, featuring two single-family residences and separate 1-car garages for each unit. It's a rare opportunity to own a piece of Northeast LA's most sought-after neighborhoods! 3840 + 3838 Tracy St boasts a fantastic location right by local hotspots like Barbix, Tomato Pie, Baller Hardware, Gelson's, and Trader Joe's. History buffs will appreciate being close to the Franklin Hills Shakespeare Bridge and the original site of Walt Disney's animator cottages. This multi-family home sits on a 5,550 square foot lot and comprises two units, each offering 2 bedrooms, 1 bath with washer and dryer hookups.The property provides a blend of space and privacy that is ideal for investors or owner-occupiers looking for rental income. The top unit, 3840 Tracy St, is currently vacant and move-in ready - updates include fresh paint, new kitchen flooring, new garbage disposal, new dining room light fixture, new toilet and updated plumbing. This unit will be delivered vacant at the close of escrow, offering immediate income potential or a comfortable owner's residence. The downstairs unit has the same footprint, but with an added bay window. It is currently occupied by long-term tenants. Outside you'll enjoy a lush garden complete with mature persimmon, peach and loquat trees. Whether you're looking for an income property or a place to call home with rental opportunities, this duplex in Franklin Hills is a rare find that won't last long.

Sold by Brita Kleingartner of TRG Realty Company, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-22T18:51:40.093. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.kevinhillre.com/homes/148340984
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3840 Tracy Street Los Angeles (City), CA 90027

  • Price: $1,299,000
  • Status: Closed
  • On Site: 46 Days
  • Updated: 154 min ago
  • ID#: 24364605
4
Beds
0
Baths
0
½ Baths
0.13
Acres
2,124
SQFT
$683
$/SQFT
1947
Built
Neighborhood:
637 - Los Feliz
County:
Los Angeles
Area:
637 - Los Feliz
Property Description
Charming 1940s duplex located in the highly coveted Franklin Hills neighborhood of Los Feliz. This is the first time this property has been on the market in 52 years, featuring two single-family residences and separate 1-car garages for each unit. It's a rare opportunity to own a piece of Northeast LA's most sought-after neighborhoods! 3840 + 3838 Tracy St boasts a fantastic location right by local hotspots like Barbix, Tomato Pie, Baller Hardware, Gelson's, and Trader Joe's. History buffs will appreciate being close to the Franklin Hills Shakespeare Bridge and the original site of Walt Disney's animator cottages. This multi-family home sits on a 5,550 square foot lot and comprises two units, each offering 2 bedrooms, 1 bath with washer and dryer hookups.The property provides a blend of space and privacy that is ideal for investors or owner-occupiers looking for rental income. The top unit, 3840 Tracy St, is currently vacant and move-in ready - updates include fresh paint, new kitchen flooring, new garbage disposal, new dining room light fixture, new toilet and updated plumbing. This unit will be delivered vacant at the close of escrow, offering immediate income potential or a comfortable owner's residence. The downstairs unit has the same footprint, but with an added bay window. It is currently occupied by long-term tenants. Outside you'll enjoy a lush garden complete with mature persimmon, peach and loquat trees. Whether you're looking for an income property or a place to call home with rental opportunities, this duplex in Franklin Hills is a rare find that won't last long.
Exterior Features

Architectural Style Traditional Attached Garage YN 0 Construction Materials Stucco Foundation Details Raised Open Parking Spaces 2 Parking Features ConcreteSide By Side Parking Total 4 Patio And Porch Features None Pool Features None Pool Private YN No Roof CompositionShingle Spa Features None Spa YN No View YN Yes

Interior Features

Accessibility Features None Appliances Disposal Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring TileVinylWood Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(s)

Property Features

Association YN No Buyer Financing CashConventional Disclosures Trust/Conservatorship Exclusions Upstairs unit oven not included. Garage YN Yes Gross Income 0 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 48120 New Construction YN No Other Expense 1600 Possession Close Of Escrow Senior Community YN No Sewer OtherSewer Tap Paid Special Listing Conditions Standard Tenant Pays Cable TVGas Vacancy Allowance Rate 1 Zoning LAR1



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-22T18:51:40.093. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Berkshire Hathaway HomeServices California Properties
25909 Pala Dr, Suite 100
Mission Viejo CA, 92691
Listing Agent(s): Juleen Exum of True Story Realty (310-922-6509)