Welcome to 1346 & 1348 Masselin Ave, Los Angeles, CA 90019 - a stunning 1929 Spanish-style duplex exuding early Hollywood charm. Located in the sought-after Mid-Wilshire/Miracle Mile area, this 3,216 sqft property features two spacious units, each with 3 bedrooms and 1 3/4 baths. Ideal for owner-users or investors, both units offer large living areas, formal dining rooms, and vintage details like coved ceilings and original hardwood floors. Each unit includes a bright living room, cozy breakfast nook, and in-unit laundry. The property also features two garages and a long driveway, providing ample parking or ADU potential. Lush landscaping adds to the curb appeal, while the backyard is perfect for relaxation or entertaining.Situated near LACMA, The Grove, and 3rd Street shops, 1346 Masselin Ave offers solid rental income and the potential to add further value. Don't miss this rare opportunity in one of LA's most vibrant neighborhoods.
Listed by Sandra Miller
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License #01446377
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ENGEL & VÖLKERS Santa Monica
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310-460-2525
Last updated January 24, 2025
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Source: CRMLS #24451367
Listing Facts
TypeMulti-family
NeighborhoodWilshire Vista
Bedrooms6
Days on Prevu331
Size3,216 sqft
Price per sqft$497
Amenities
Dishwasher
Parking
Location
Mortgage Calculator
Listing History
12/06/2024
Price Decreased
$1,599,000
12/03/2024
Status changed to Active
$1,650,000
11/14/2024
Status changed to Temporarily Off Market
$1,650,000
10/10/2024
Listed by ENGEL & VÖLKERS Santa Monica
$1,650,000
Property Details for 1346 1348 Masselin Avenue
Exterior
Construction
Number Of Units Total: 2
Stories: 2
Stories Total: 2
Year Built: 1929
Architectural Style: Spanish
Features
Direction Faces: West
Measurements
Building Area Total: 3,216
Lot Size Acres: 0.13
Lot Size Area: 5,797
Lot Size Source: Assessor
Lot Size Square Feet: 5,797
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 2.68
Gross Income: $71,400.00
Taxes
Parcel Number: 5085030026
Interior
Features
Appliances: Dishwasher, Disposal, Gas Range
Flooring: Carpet, Wood
Measurements
Living Area: 3,216
Living Area Source: Assessor
Rooms
Bathrooms Total Integer: 4
Bedrooms Total: 6
Parking
Parking
Garage Spaces: 4
Garage: Yes
Open Parking Spaces: 2
Parking Total: 6
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Laundry Features: Inside, See Remarks, Stacked
Sewer: Other
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
