Duplex · 2 recorded sales since 2017
Listing Agent: Brigitte Handler (DRE #00865210) · Listing Office: Keller Williams Realty-Studio City · Contact: 818-432-1500 · Bought with: Guada Isomaki · Pinnacle Estate Properties · MLS #SR19245966 · Source: CRMLS
No sign on property. 6707, 6709 Fair Ave. is a DUPLEX (7.5% CAP Rate) w/ an ADU built inside. 2 separate electric meters. This property was fully renovated in 2017 & 2018 w/ quality materials: 3 remodeled baths & kitchens, SS appliances & still on warranty, quartz counters, tankless water heater, landscaped lot w/ water conservation in mind, fruit trees, etc. Check detailed list on remodel in attached supplemental information. COO received in 2018. This property is ideal for both owner occupiers & investors! Live in one unit & rent the other as this seller who is living in the rear unit, renting the front unit as short term vacation rentals. The converted garage was existing & not permitted when the seller took occupancy, its garage door still in place but dry walled inside. It is currently rented & can be delivered w/ current tenant or vacant at CoE. Info on rental income is available on demand and has a cap rate of 7.5%. So many options! Sleek & modern stunning property located less than 3 mi. from the heart of NoHo Arts District & less than 2 mi. from the future home of NoHo West, an enormous mixed-use development project poised to take NOHO to a whole new level! Front unit furniture is available to purchase at additional cost. Seller requests a 45 days rent back. Buyer to do his investigations with the City. Do not disturb tenants. Call to schedule private showings.
Listing description from the December 2019 sale, as reported to CRMLS.