1900 Taft, Los Angeles, CA 90068

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List Price
$1,700,000
Status
ACTIVE
MLS#
PV26230866
Year Built
1919
Lot Size
6,199
Acres
0.14
Lot Location
Corner Lot
Days on Market
0
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
Two Levels

Property Description

Currently operating with four bedrooms generating income through city-permitted accommodations, this historic residence offers investors an opportunity to acquire a property with an existing short-term rental operation. For those looking to maximize the property's earning potential, the lower level presents an additional opportunity for rental income, creating the possibility of multiple revenue streams from a single property, subject to applicable city regulations. From the moment you walk through the door, the home has an aura that is difficult to replicate. Original hardwood floors, crown molding, craftsman built-ins, and beautifully preserved architectural details remind you that this home was built when craftsmanship mattered. More than a century later, it has been maintained in excellent condition while retaining the character, warmth, and privacy that make homes from this period so special. And when it comes to rental demand, location is everything. The Hollywood Bowl, Greek Theatre, Griffith Park, downtown Los Feliz, Hollywood Walk of Fame, and Sunset Strip are all within easy reach. From legendary entertainment venues and world-class restaurants to scenic hiking trails and the vibrant Hollywood lifestyle, the surrounding neighborhood offers the experiences that continue to attract visitors to Los Angeles. For an investor, 1900 Taft Avenue represents more than a historic home. It offers an existing income-producing operation with the potential to expand rental revenue. For an owner-occupant, it presents the possibility of enjoying a remarkable residence while generating income to help offset ownership expenses. Homes with this combination of history, character, location, and income potential rarely become available. Unlike properties that require an investor to create an income strategy from the ground up, 1900 Taft Avenue already has an established rental operation, offering a compelling starting point for its next owner. A piece of Hollywood history with an income-producing present and an opportunity-filled future. 1900 Taft Avenue is ready for its next chapter—and priced to attract attention.

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Central Air
View
Mountain(s)
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, Crown Molding
Attached Structure
Detached
Number Of Units Total
1
Gross Scheduled Income
$144,000
Operating Expense
20000

Listing courtesy of Listing Agent: Vincenzo Mercuri (enzomercurirealestate@gmail.com) from Listing Office: Merit Real Estate.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.