1132 S Crescent Heights Blvd

Property Description

PRICE REDUCTION! This pristine 1933 Spanish Colonial Revival duplex is in South Carthay, a neighborhood on the National Registry of Historic Places in one of the city's HistoricPreservation Overlay Zones (HPOZ). South Carthay is a quiet neighborhood close to the soon-to-be-opened Fairfax Metro stop with easy access to the 10 Freeway, Wilshire Museums, The Grove, and the famous Farmer's Market. If you appreciate impeccably preserved 30's architecture with arches, original tile work, and art deco bathrooms and kitchens, this one's for you! Each unit has two bedrooms and 1.5 baths, living rooms with working fireplaces, formal dining rooms, breakfast rooms, and kitchens with laundry areas. The upper unit has a bonus room above the porte-cochere. The backyard features a lush garden with fountain, and a private brick patio with retractable Sunbrella awnings. The seller has meticulously maintained the building's architectural integrity. Upgrades are extensive including newer central heat and air (2019), newer roof with warranty, new sewer lines (2014), furnaces (2017), casement windows, and electrical wiring and plumbing throughout both units. Each unit has its own tankless water heater (lower unit received new tankless water heater in 2024). The building was painted with new fencing in 2022. There are 2 garages. The owner has architectural plans to convert one garage to an ADU or studio. This is indeed a trophy property waiting for the discerning buyer. Both units are occupied with tenants on month-to-month leases. No-fault evictions can be applied to both units. Rents for each have been increased by $55 as of July 1, 2024 (approved by LA City for capital improvements). Click on DOCS to see the list of wonderful property improvements! Be sure not to miss the walk-thru video as it is magical! NO SIGN ON PROPERTY. The virtual video is on the MLS as well as is the list of improvements in the DOCS section. If you do not have access to the virtual tour or the list of improvements; they can be emailed to you with the links.