Rare Elysian Heights Fourplex! One VIEW unit is available for immediate occupancy, with a rare opportunity to reside in one residence and generate income from the remaining three. Within this highly sought-after hillside neighborhood this exceptional fourplex delivers the perfect blend of lifestyle, owner-user flexibility, and long-term investment value. The property features an excellent unit mix of (3) spacious 2BD/1BA units and (1) oversized 3BD/2BA unit with its own private patio. The vacant 2BD/1BA unit, situated in one of the most desirable locations within the property, enjoys spectacular downtown Los Angeles skyline views from the living room and kitchen with its adjacent private balcony. Bright and inviting, the kitchen features granite countertops and stainless-steel appliances. …
The Story
2017 Vestal Avenue
Rare Elysian Heights Fourplex! One VIEW unit is available for immediate occupancy, with a rare opportunity to reside in one residence and generate income from the remaining three. Within this highly sought-after hillside neighborhood this exceptional fourplex delivers the perfect blend of lifestyle, owner-user flexibility, and long-term investment value. The property features an excellent unit mix of (3) spacious 2BD/1BA units and (1) oversized 3BD/2BA unit with its own private patio. The vacant 2BD/1BA unit, situated in one of the most desirable locations within the property, enjoys spectacular downtown Los Angeles skyline views from the living room and kitchen with its adjacent private balcony. Bright and inviting, the kitchen features granite countertops and stainless-steel appliances. This specific residence has been thoughtfully refreshed with all-new interior paint and carpet, making it move-in ready for immediate owner occupancy or an outstanding opportunity to lease at today's market rents. Significant capital improvements have already been completed, including a new roof and building seismic retrofit in 2019, along with a freshly painted exterior that enhances the property's curb appeal. Additional amenities include a community laundry room, storage and on-site parking for up to eight vehicles, a rare and valuable convenience in this highly desirable neighborhood. Ideally located just moments from Echo Park Lake, Dodger Stadium, Downtown Los Angeles, Silver Lake, and the vibrant restaurants, cafs, boutiques, and nightlife along Sunset Boulevard, this property offers the perfect blend of neighborhood charm and urban convenience. Whether you're looking to live in one unit while enjoying income from the others or seeking a premier multi-family investment, this is a truly exceptional opportunity that rarely becomes available.
Facts & Features
Property Info
Price
$1,599,900
Completion Year
1,965
Living Space
4,592 sq ft
Floors
2
Bedrooms
9
Bathrooms
5
Features & Amenities
Cooling
Wall/Window Unit(s)
Appliances
Dryer, Refrigerator, Washer, Vented Exhaust Fan, Gas Cooktop, Gas Water Heater
Flooring
Carpet, Tile
Roof
Flat
Water Source
Public
Sewer
Public Sewer
View
City, Mountain
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