4312 Price, Los Angeles CA 90027 | $2,895,000

5 units in Los Feliz. 4312 Price St. was constructed in 1955 and consists of one vintage Spanish stand alone 2 bed + 1 bath house. The 4plex structure on the corner consists of two 2 bed + 1.5 bath and two 1 bed + 1 bath units. All units are in reasonable condition and fully occupied with rents paid on time with wonderful tenants. There is room to expand the main house making it a 3 or 4 bedroom house and due to the property’s zoning and investor would have the opportunity to convert the two car garage into an ADU, buyer to verify. Price is located on a corner lot with great exposure in the one of the most desirable pockets of Los Feliz and walkable to many local amenities on Hillhurst Ave which is named one of the hottest spots in LA for local eateries, trendy cafes and boutique shops. Very close proximity to Griffith Park and within boundaries of Franklin Elementary School The subject property has significant upside left in the rents and ADU potential. Another potential strategy is to parcel out the SFR in the picture to the right, buyer to verify.

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