8016 Selma AVE, Los Angeles, CA 90046
8016 Selma AVE, Los Angeles, CA 90046
8016 Selma AVE, Los Angeles, CA 90046
46
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$3,195,000
Est. payment /mo
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12 Beds
12 Baths
9,884 SqFt
Active Under Contract

8016 Selma AVE Los Angeles, CA 90046

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Bri Lister

Bri Lister

+1(951) 438-0144

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Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 9,884 sqft

Price per Sqft $323

MLS Listing ID 26672285

Bedrooms 12

HOA Y/N No

Year Built 1937

Lot Size 0.335 Acres

Property Description

First time on the market in over 65 years! This spectacular French Normandy courtyard style building has been held by the same family through 7 decades. Prize location, just 2 blocks from the legendary Chateau Marmont, at the east entry of the Sunset Strip. 8 generously proportioned units comprised of 4 -2 bedroom/ 2bath townhouse style units and 4- 1 bedroom/1 bath units sited on a lot of over 14000 square feet! Character abounds! Original stained glass living room windows, kitchens with floor to ceiling tiled walls, decorative fireplace mantles and iron work, warm original hardwood flooring in excellent condition, magnesite stairways. All units have their own rear service entrance as well as laundry hook-ups. Built in 1937, only 5 years after the Chateau was converted to a hotel, the history in these walls is palpable! Lovingly maintained, through the years. All of the main electrical boxes have been upgraded, 6 of the 8 units have had their interior panels upgraded. 80% of the plumbing supply lines have been replaced. 2 4-car garages at the rear with a remote operated gate offer ample and secure off-street parking for each unit. Income of almost $200,000 per year, yet room to grow by 50% with these 8 units alone, to say nothing of potential additional development opportunities afforded by the oversized lot! This is a trophy building in an iconic and upscale location waiting to reward your stewardship with income and genuine pride of ownership through the next several decades. Call agent for details.

Location

State CA

County Los Angeles

Area C03 - Sunset Strip - Hollywood Hills West

Zoning LAR3

Interior

Interior Features Ceiling Fan(s), Crown Molding

Heating Gravity

Cooling Wall/Window Unit(s)

Flooring Tile, Wood

Fireplaces Type Decorative

Fireplace Yes

Laundry Inside, Stacked

Exterior

Parking Features Covered, Driveway, Gated

Pool None

View Y/N Yes

View City Lights, Hills

Roof Type Rolled/Hot Mop

Total Parking Spaces 10

Private Pool No

Building

Faces North

Story 2

Entry Level Two

Sewer Sewer Tap Paid

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5551017035

Financing Cash

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Steven Senigram Keller Williams Larchmont #01133383

NEARBY SCHOOL & BUSINESS

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Bri Lister
Bri Lister

REALTOR® | License ID: 02239724

+1(951) 438-0144 | bri@toplisterrealty.com

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8016 Selma AVE