Property Detail

Description

1935 Character Home + Detached 2022 ADU. The Best of Miracle Mile Living. This beautifully maintained Miracle Mile property combines classic Los Angeles character, modern comfort, and valuable income potential. The inviting 1935 front residence features 3 bedrooms and 2 bathrooms with hardwood floors, central heat and air, a welcoming living room with fireplace, separate dining room opening to the backyard, and a spacious kitchen with breakfast nook and adjacent laundry area. The fully gated property offers excellent privacy, a long driveway with generous tandem parking, a grassy backyard, an expansive wood deck, and an additional fenced side patio.Built in 2022, the detached approximately 558-square-foot 1-bedroom, 1-bathroom ADU functions as a completely independent residence with its own address, separate gas and electric meters, private alley entrance, gated parking, patio, and dedicated laundry area. Outstanding long-term tenants have consistently paid $3,000 per month since January 2024, providing immediate income to help offset ownership costs. Ideally located in the heart of Miracle Mile near neighborhood cafes and restaurants, LACMA, the Academy Museum, The Grove, Beverly Center, and the future Wilshire Metro station. A rare opportunity to enjoy a character home while benefiting from a newer, income-producing second residence.