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Debra Lowe

home@debralowelegacy.com +1(805) 801-6911

$ 1,599,000

Est. payment | -/mo

4 Beds

3 Baths

1,885 SqFt

Save

$ 1,599,000

Est. payment | -/mo

Save

4 Beds

3 Baths

1,885 SqFt

Open House

Sun Jul 12, 1:00pm - 4:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,885 sqft

Price per Sqft $848

MLS Listing ID 26858621

Bedrooms 4

Full Baths 3

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1935

Lot Size 6,568 Sqft

Property Sub-Type Single Family Residence

Property Description

1935 Character Home + Detached 2022 ADU. The Best of Miracle Mile Living. Discover the perfect blend of timeless character, modern convenience, and built-in income in one of Los Angeles' most sought-after neighborhoods. Originally built in 1935, this beautifully maintained Miracle Mile property offers a rare opportunity to enjoy a classic character home while benefiting from a fully independent, income-producing ADU tucked discreetly at the rear of the property. The inviting front residence features 3 bedrooms and 2 bathrooms, where vintage charm meets today's lifestyle. Rich hardwood floors, central heating and air conditioning, and a welcoming living room with a fireplace create a warm and comfortable atmosphere. A separate dining room opens to the private backyard, seamlessly connecting indoor and outdoor living spaces. The spacious kitchen features a cheerful breakfast nook and an adjacent laundry area. Designed for both entertaining and everyday enjoyment, the fully gated grounds offer exceptional privacy, a long driveway with generous tandem parking, a grassy backyard, an expansive wood deck for outdoor dining and gatherings, and an additional fenced side patio perfect for gardening, relaxing, or additional storage. Built in 2022, the detached ADU is far more than a guest house. Complete with its own address, separate gas and electric meters, private alley entrance, gated parking, outdoor patio, and dedicated laundry area, it lives as a completely independent residence. The approximately 558-square-foot 1-bedroom, 1-bathroom home is occupied by outstanding long-term tenants who have consistently paid $3,000 per month since January 2024, generating immediate and reliable income that can significantly offset your monthly ownership costs. Whether you're looking to live in the front home while generating passive income, accommodate extended family with complete privacy, or add a valuable asset to your real estate portfolio, this exceptional property offers flexibility that is increasingly difficult to find in today's market. Located in the heart of Miracle Mile, you'll enjoy easy access to neighborhood cafes, acclaimed restaurants, boutique shopping, local markets, LACMA, the Academy Museum, The Grove, Beverly Center, and the future Wilshire Metro station, placing some of Los Angeles' finest dining, culture, and entertainment just minutes from your doorstep.

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LAR1

Rooms

Other Rooms Guest House

Interior

Interior Features Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplaces Type Living Room

Furnishings Unfurnished

Fireplace Yes

Appliance Gas Cooktop, Gas Oven, Oven, Range, Refrigerator, Dryer, Washer

Exterior

Parking Features Driveway

Carport Spaces 2

View Y/N Yes

Roof Type Composition

Accessibility None

Total Parking Spaces 3

Building

Faces East

Entry Level One

Architectural Style Traditional

Level or Stories One

Additional Building Guest House

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5085018017

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Nick Mercado Sotheby's International Realty #01348465

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(805) 801-6911

home@debralowelegacy.com

893 Marsh St., San Luis Obispo, CA, 93401, USA

1185 Hauser BLVD Los Angeles, CA 90019