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4250 Michael Ave
Los Angeles, CA 90066

Residential (Single Family Residence)

0.11 Acres
2352 Sqft Living Area

6 Bedrooms

4 Bathrooms (4 Full, 0 Half)

Year Built: 1941

$1,975,000

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Property Description

Introducing a remarkable property that offers the perfect blend of comfort, convenience, and income potential. This exquisite home features a traditional main house boasting four bedrooms and two baths, complemented by a fenced front yard offering privacy and charm. As you step inside the main house, you'll be embraced by a warm and inviting atmosphere, offering ample space for living and entertaining. The kitchen is well-designed, while the cozy bedrooms provide a tranquil haven for the entire family. Adjacent to the main house, you'll discover two detached 1-bedroom, 1-bath units in the rear ADU (Accessory Dwelling Unit), each providing a private and comfortable living space. The units are separated by a rear deck, creating an ideal setting for outdoor gatherings and barbecuing. Located less than half a mile from a variety of high-end dining, shopping, and recreation options, including Equinox, Boa, and Gelson's, this property offers unbeatable convenience. Whether planning a night out in Marina Del Rey or Santa Monica or exploring the local area, everything you need is moments away. The main has most recently been rented for $6000. Each ADU rental has a proven track record, ranging from $2650 to $2750 for a combined $5400, making them a significant source of rental income. The total property income is $11,400 per month. This property is a prime opportunity for 1031 Exchange buyers or homeowners seeking to offset their expenses with rental income. Whether you're an investor eyeing a profitable venture or a homeowner aiming to maximize your investment, this property is a gateway to endless possibilities. Act now to secure this exceptional property in a sought-after Westside location. Schedule your showing today and turn this dream property into your reality!