Hollywood Pensione $1,299,999

Unique Offering in Hollywood. 1915 Four Square Craftsman with original built-ins, crown molding, with front veranda, private garden, detached studio. Currently a thriving Eco-conscious Boutique Inn. Perfect for anyone wanting to own and run a bed/breakfast in Hollywood with loyal and repeat cliental. Owners can live on the first floor with total privacy. Hotel guests have separate entry with private baths, kitchen amenities, and laundry. The back of house has parking for 4 cars. Guest can enjoy common room and serene balcony overlooking mature trees and abundant floral scenery. The separate service entrance to the second floor could make for an easy conversion to a duplex that would offer: 3 bedrooms, 3 baths, living room, kitchen and balcony overlooking the back yard. The nearly 9,000 sq.ft. lot has 5 large trees (lots of shade) including a producing grapefruit, avocado, and a small peach. Great location within walking distance to Trendy Restaurants and Shops, Griffith Park, close to studios in the Hollywood Grove/Los Feliz area.

Details

  • Built in 1915
  • 7 years as B&B
  • Last renovation in 2007
  • MLS #SR14106043
  • 3 Guest Rooms
  • 3 Guest Bathrooms
  • Lot size: 0.20 acres
  • 4 Parking Spots
  • Has owner's quarters
  • $1,299,999
  • 83.50% annual. occ. rate
  • $393.00 avg daily rate
  • $122,000 gross revenue
  • $122,000 room revenue

Listing Agent

Merry Pope, Pinnacle Estate Properties
24501 Town Center Dr. #104
Valencia, CA 91355

Phone: 661-607-3153
Cell: 661-607-3153
FAX: 661-705-3299
email: merry.pope@sbcglobal.net


Location

1845 N. Wilton Place Los Angeles, CA 90028

Photos (click to enlarge)

Front Entry
Front Porch Guest Bedroom #1
Guest Bathroom #1 Guest Bedroom #2
Guest Bathroom #2 Guest Bedroom #3
Guest Kitchen Upstairs Foyer
Guest Common Area Relax on the Private Balcony
Porch View Living Room
Downstairs Kitchen Downstairs Bathroom

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