4447 Finley AVE, Los Angeles, CA 90027
4447 Finley AVE, Los Angeles, CA 90027
4447 Finley AVE, Los Angeles, CA 90027
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Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$2,600,000
Est. payment /mo
7 Beds
5 Baths
4,312 SqFt
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,312 sqft

Price per Sqft $602

MLS Listing ID 26848477

Bedrooms 7

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1937

Lot Size 6,782 Sqft

Property Description

Own a rare piece of Los Angeles architectural history. Designed circa 1937 by renowned architect Arthur W. Hawes, 4447 Finley Avenue embodies the elegance, craftsmanship, and architectural optimism of Hollywood's prewar Streamline Moderne era. Rich in character yet extensively modernized, this turnkey four-unit property offers architectural distinction, low-maintenance ownership, and exceptional long-term investment potential in the heart of Los Feliz. The unit mix consists of one 1-bedroom plus convertible office/1-bath unit, two 2-bedroom/1.5-bath units, and one 2-bedroom/2-bath unit. Each residence features its own washer and dryer, separate water heater, and individual HVAC system, providing convenience and independence for tenants. More than $600,000 in capital improvements have been completed, including new plumbing, new 400-amp electrical service, individual subpanels for each unit, a dedicated house panel servicing recirculating pumps for near-instant hot water, new kitchens and baths, new appliances, updated drywall, crown molding, baseboards, doors, hardware, and upgraded finishes throughout. The interiors were extensively renovated down to the studs and floorboards, with virtually every major component replaced. The front two residences are desirable TOWNHOME-STYLE units featuring hardwood flooring, while the rear units have been professionally soundproofed for enhanced comfort and privacy. The property has also successfully completed its SB-721 balcony inspection requirements. For investors seeking a highly improved, easy-to-manage asset with exceptionally low maintenance requirements and minimal controllable operating expenses, 4447 Finley Avenue presents a rare opportunity. Located just moments from the shops, restaurants, and nightlife of Hillhurst Avenue, Griffith Park, the Greek Theatre, and Los Feliz Village, the property also offers approximately 37% upside potential in current rental income. Additionally, three (3) units participate in the RUBS utility reimbursement program, providing further income enhancement opportunities. As a side note: "Hawes' portfolio includes the iconic Hollywood Reporter Building, the Crest Theatre in Westwood, and the celebrated Hawes House in West Los Angeles."

Location

State CA

County Los Angeles

Area 637 - Los Feliz

Interior

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplaces Type Bath, Dining Room, Electric, Gas, Kitchen, Living Room

Fireplace Yes

Appliance Dishwasher, Disposal, Gas Oven, Oven, Range, Refrigerator, Dryer, Washer

Exterior

Carport Spaces 3

Total Parking Spaces 4

Building

Faces West

Story 2

Entry Level Two

Sewer Sewer Tap Paid

Architectural Style See Remarks

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5590009013

Financing Cash

Special Listing Condition Standard

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Listed by Lane Aronson Berkshire Hathaway HomeServices California Properties #00681193

Nearby Locations

Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

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