Residential Income Details
Situated in the center of Los Angeles' exciting urban landscape lies the historic neighborhood of Hancock Park. Recognized as one of Los Angeles' most affluent and recognizable neighborhoods, Hancock Park is home to many of the regions most expensive homes and a roster of high-profile residents.THG Advisors, as exclusive listing agent, is pleased to present the opportunity to purchase 542 N. Orange Drive, a triplex situated on a 6,000 SF parcel of land zoned RD1.5 in Hancock Park. The asset possesses unique architectural features and most units include working fireplaces and private patios which provide the feel of separate individual homes. The Property offers a rare opportunity to acquire a vacant triplex in one of Los Angeles' most desirable neighborhoods. Upon closing escrow, an investor has the flexibility to either began an extensive value-add program by blending the gorgeous Spanish-style design with modern finishes or developing the property into four small lot homes.
|Number of Units||3|
|Status||Active Under Contract|
|Listing Brokerage||The Harris Group|
|Listing Agent||Gregory Harris|
|Listing Agent BRE #||01314364|
Based on information from California Regional Multiple Listing Service, Inc. as of Tuesday, July 31, 2018.
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 usually deemed reliable but is NOT guaranteed accurate by the MLS.
Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
Information from sources other than the Listing Agent may have been included in the MLS data.
Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources.
The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.