2041 N VERMONT AVE APT 103 Los Angeles CA 90027-1925

This exquisite 32-unit residential income property stands out with gorgeous French Normandie design and ornate, architectural details. Located along Vermont, just below the hills of Los Feliz, the Griffith Observatory and just blocks from Los Feliz Village- this location couldn’t be better. The property features 32 units, consisting of 8 beautiful (1 bedroom, view units with French windows) including a non-conforming, "owner's" unit with a fireplace and 24 charming studios (separate kitchens, dining areas and walk-in closets, which gives them more of a spacious feel). Each unit has charming details offering arched doors and doorways and beamed ceilings. The total building size is 22,582 square feet per assessor. Los Feliz is a vibrant and exciting place to live with amazing cafes, restaurants, nightlife, world famous architecture and lots of hiking for outdoor enthusiasts. Centrally located close to Silver Lake, Hollywood and Downtown LA. Owning this incredible piece of history would be a once in a lifetime opportunity! Seller will consider a partial trade. Almost always 100% occupied, the owner has indicated that there is consistently a "waiting-list" to get into the building. Vacancies have historically been filled through "word-of-mouth". The views, character and charm of the units, elevator, large laundry room and the current owner's maintenance record, make this a most attractive building for tenants. Anticipated upside of the rents is approximately 35-40% of current rents.

Own a Piece of Los Feliz History. In 1928 Architect/contractor Hugh Howe Hinds Was Commissioned to Design and Build What Was to Become Layden Hall. His Progressive French Normandie Design Became a Landmark in the "Posh" Los Feliz Neighborhood on North Vermont. The Building Was Subsequently Purchase in 1955 by Ms. Gwendolyn Horton and Became Known to the Locals as Horton Hall. This Fabulous Building Has Not Been Resold Since Her Purchase. Very Rarely Do Any Buildings on North Vermont, Just Below Los Feliz Blvd, Come Up for Sale.

• Interior Features
  
• Flooring : Carpet Wood
• Living Area Units : Sq. Ft.
• Bathrooms Total : 31
• Exterior Features
• Roof : Composition
• Stories : 4
• Utility & Building Info
• Sewer : Sewer Tap Paid
• Parcel Number : 5589022006
• Building Area Total : 22582 Sq. Ft.
• Price Per Sq Ft : 464.97210167389954
• Architectural Style : 3+ Story