Search
8016 Selma AvenueLos Angeles, CA 90046
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.




First time on the market in over 65 years! This spectacular French Normandy courtyard style building has been held by the same family through 7 decades. Prize location, just 2 blocks from the legendary Chateau Marmont, at the east entry of the Sunset Strip. 8 generously proportioned units comprised of 4 -2 bedroom/ 2bath townhouse style units and 4- 1 bedroom/1 bath units sited on a lot of over 14000 square feet! Character abounds! Original stained glass living room windows, kitchens with floor to ceiling tiled walls, decorative fireplace mantles and iron work, warm original hardwood flooring in excellent condition, magnesite stairways. All units have their own rear service entrance as well as laundry hook-ups. Built in 1937, only 5 years after the Chateau was converted to a hotel, the history in these walls is palpable! Lovingly maintained, through the years. All of the main electrical boxes have been upgraded, 6 of the 8 units have had their interior panels upgraded. 80% of the plumbing supply lines have been replaced. 2 4-car garages at the rear with a remote operated gate offer ample and secure off-street parking for each unit. Income of almost $200,000 per year, yet room to grow by 50% with these 8 units alone, to say nothing of potential additional development opportunities afforded by the oversized lot! This is a trophy building in an iconic and upscale location waiting to reward your stewardship with income and genuine pride of ownership through the next several decades. Call agent for details.
| 2 days ago | Listing updated with changes from the MLS® | |
| 2 days ago | Listing first seen on site |
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.