Los Angeles, CA 90019 1111 3rd Ave
$2,150,000
Pending
38 more
Presented By: David Lao with Berkshire Hathaway HomeServices California Propert
Home Details
This exquisitely renovated duplex, located on a picturesque palm tree-lined street in Country Club Park, would make the Great Gatsby proud. Lovingly and painstakingly restored to its Roaring '20s glory, over a million dollars and countless hours of sweat equity have been invested by the owners to bring this property back to life. Every inch of this home has been meticulously refurbished. Best of all, the top unit featuring breathtaking views is vacant and ready for the buyer to reside in.The front yard boasts extensive cast-in-place concrete walls and steps, complemented by lush landscaping. Restored original oversized wooden entry doors lead to the home within. The expansive living room features a carefully restored Batchelder fireplace and wedding cake molding. Bathrooms and kitchens were taken down to the studs and updated with copper plumbing and comprehensive electrical rewiring and were renovated with the best of materials appropriate for the period. Numerous windows were either meticulously repaired or new ones were custom-made to match the original. Three sets of nine-pane glass French doors, stripped of paint and refinished, grace the living, dining, and office areas. Each floor's primary suite includes new construction, featuring a primary bathroom suite and closet addition. There is also a second suite on each floor. The chimney was rebuilt.An additional finished attic of approximately 484 square feet is not included in the assessor's figure and offers endless possibilities with split-system air conditioning and wood floors. The roof deck provides stunning views of Los Angeles and the Hollywood sign. The property also includes separate updated water, gas, and electrical meters, as well as a basement with a modernized furnace.An automatic custom wrought iron gate leads to a private backyard oasis, surrounded by mature trees and a blue stone patio with additional lush landscaping. A slate-style tile roof connects to copper rain gutters and downspouts. This HPOZ award-winning property boasts an impressive Walk Score of 83. Most importantly, owning this beautifully updated jewel box offers invaluable peace of mind for the privileged landlord.
Presented By: David Lao with Berkshire Hathaway HomeServices California Propert
Interior Features for 1111 3rd Ave
Bedrooms
Total Bedrooms6
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths6
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)Yes
Fireplace FeaturesLiving Room
Fireplace Y/NYes
FlooringCarpet, Tile, Wood
Heating Y/NYes
Laundry FeaturesLaundry Room
Total Stories2
Other Rooms
Room TypeAttic, Basement, Entry/Foyer, Living Room, Primary Bedroom, Office
General for 1111 3rd Ave
AppliancesDishwasher, Disposal, Gas Range, Refrigerator, Range Hood, Dryer, Washer
Architectural StyleFrench
Attached Garage No
CityLos Angeles
CoolingCentral Air
CountyLos Angeles
Days on Market9
DirectionsOn 3rd between W. Olympic Blvd and W. Pico Blvd. Two blocks west of Arlington Ave.
DisclosuresRent Control
Exterior FeaturesRain Gutters
Garage Spaces4
Garage Y/NYes
Gross Income119784
HOA / Comm AssnNo
HeatingCentral
Insurance Expense1126
Interior FeaturesCrown Molding, Multiple Staircases, Attic, Multiple Primary Suites
LevelsTwo
Lot Size Square Feet7916
Lot Size UnitsSquare Feet
MLS AreaC18 - Hancock Park-Wilshire
MaintenanceExpense9489
Net Operating Income100294
New ConstructionNo
Number of Units Leased2
NumberOfUnitsTotal2
Occupancy TypeTenant
Patio/Porch FeaturesStone
PossessionClose Of Escrow
Property ConditionAdditions/Alterations, Updated/Remodeled
Property TypeResidential Income
Rent Control Y/NYes
RoofSlate
Security FeaturesCarbon Monoxide Detector(s), Security Gate, Smoke Detector(s)
Senior Community Y/NNo
SewerSewer Tap Paid
Standard StatusActive
StatusActive
Stories2
Subdivision NameCountry Club Park
Taxes$8,875
Tenant PaysElectricity, Gas, Trash Collection, Water
ViewCity Lights, Landmark
View Y/NYes
Virtual TourClick here
Year Built1923
Year Built SourceAssessor
ZoningLARD1.5
Exterior for 1111 3rd Ave
Building Area Total4262
Door FeaturesFrench Doors
Foundation DetailsRaised
Lot FeaturesBack Yard, Front Yard, Yard
Lot Size Acres0.1817
Lot Size Area7916
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Parking FeaturesConcrete, Garage, Garage Door Opener, Porte-Cochere
Total Parking4
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480