1026 S Crescent Heights BLVD, Los Angeles, CA 90035

A well-maintained Spanish-style 1930s classic duplex offering two separate residences, each with over 2,000 SF. Each unit features 3 bedrooms, 2 bathrooms, and an office, along with a formal living room with an impressive fireplace, oversized window overlooking a tree-lined street, and a formal dining room with a high ceiling and chandelier. A utility and laundry room leads to the back door for day-to-day convenience. The property also includes a private backyard swimming pool.

The duplex is positioned in a Beverly Hills adjacent area, described as being minutes from major destinations including the Beverly Center, The Grove, the Farmers Market, Miracle Mile museums, Culver City’s cultural center, and the nightlife of West Hollywood.

Currently, the downstairs unit is rented at $5,300 per month, while the upstairs unit will be delivered vacant for an owner to occupy or rent. The property has two separate 2-car garages, one for each unit. The remarks also note the opportunity to convert each garage into two additional ADUs or build two ADUs above the garages, with current configuration described as producing a 5.3% cap rate and the proposed ADU plan potentially reaching 7%+. A financing scenario from a major bank lists total monthly out-of-pocket payment for owner-occupied use at $4,628 including tax and insurance with a 20% down payment (subject to qualification).