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1026 S Crescent Heights

Los Angeles (City), CA 90035
  • $1,999,000
  • STATUS: Active
  • ON SITE: 18 Days
  • ID#: OC26114963
UPDATED: 24 min ago
$1,999,000
  • 6
    BEDS
  • 0.13
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,007
    SQFT
  • $499
    $/SQFT
Type:
Single-Family Home
Built:
1932
County:

School Ratings & Info

School District:
Listing Agent(s): Doron Refael of Doron Refael, Broker (714-253-2883)


Description

Welcome home to the Highly sought-after Carthay Square. This charming and specious Duplex offers a unique blend of a beautiful Spanish-Style 1930s Classic Home to live in, together with a great, positively cash flowing real estate investment. This Beverly Hills Adjacent area is likely to enjoy an everlasting value. Each unit boasts over 2,000SF of a large home full of light, with 3 bedrooms – 2 baths and an office. Each unit has a formal living room with an impressive fireplace, oversized window that looks over the tree-lined street and a formal dining room with high ceiling and a beautiful chandelier. Each unit has a utility / laundry room that leads to the back door. The property is well maintained by the current owner and shows pride of ownership. The backyard has a private swimming pool. The property comes with two separate 2-car garages, one for each unit. A Savi investor or homeowner may consider the potential of converting the garage into two additional ADUs or building 2 ADUs above the garage for additional income. At the current configuration the duplex has a 5.3% CAP rate, but with the proposed ADUs it can get up to the 7+.The downstairs unit is currently rented at $5,300 per month but the upstairs unit will be delivered vacant for the buyer to either occupy or rent for a similar or a higher rent. A financing scenario that was obtained from a major bank shows the total monthly out of pocket payment for an owner occupied to be $4,628 including Tax and Insurance, with a 20% downpayment (subject to qualification). This is a unique opportunity to have it all in an amazing location in LA, the home is just minutes away from the Beverly Center, The Grove, The Farmers Market, Miracle Mile's museums, Culver City's cultural center, the nightlife of West Hollywood and much more..

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-06-15T07:31:47.393. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Ramos Group | Keller Williams High Desert. Licensed in the State of California, USA.
www.carminsellshomes.com/homes/176908272
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1026 S Crescent Heights Los Angeles (City), CA 90035

  • Price: $1,999,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 24 min ago
  • ID#: OC26114963
6
Beds
4
Baths
0
½ Baths
0.13
Acres
4,007
SQFT
$499
$/SQFT
1932
Built
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - Beverly Center-Miracle Mile
School District:
Los Angeles Unified
Property Description
Welcome home to the Highly sought-after Carthay Square. This charming and specious Duplex offers a unique blend of a beautiful Spanish-Style 1930s Classic Home to live in, together with a great, positively cash flowing real estate investment. This Beverly Hills Adjacent area is likely to enjoy an everlasting value. Each unit boasts over 2,000SF of a large home full of light, with 3 bedrooms – 2 baths and an office. Each unit has a formal living room with an impressive fireplace, oversized window that looks over the tree-lined street and a formal dining room with high ceiling and a beautiful chandelier. Each unit has a utility / laundry room that leads to the back door. The property is well maintained by the current owner and shows pride of ownership. The backyard has a private swimming pool. The property comes with two separate 2-car garages, one for each unit. A Savi investor or homeowner may consider the potential of converting the garage into two additional ADUs or building 2 ADUs above the garage for additional income. At the current configuration the duplex has a 5.3% CAP rate, but with the proposed ADUs it can get up to the 7+.The downstairs unit is currently rented at $5,300 per month but the upstairs unit will be delivered vacant for the buyer to either occupy or rent for a similar or a higher rent. A financing scenario that was obtained from a major bank shows the total monthly out of pocket payment for an owner occupied to be $4,628 including Tax and Insurance, with a 20% downpayment (subject to qualification). This is a unique opportunity to have it all in an amazing location in LA, the home is just minutes away from the Beverly Center, The Grove, The Farmers Market, Miracle Mile's museums, Culver City's cultural center, the nightlife of West Hollywood and much more..
Exterior Features

Attached Garage YN No Entry Level 1 Entry Location Both Levels Lot Features 6-10 Units/Acre Parking Features Garage Faces Rear Parking Total 4 Pool Features Private Pool Private YN Yes Property Attached YN No View None View YN No

Interior Features

Appliances DryerWasher Basement Utility Basement YN Yes Common Walls No Common Walls Cooling Central AirDual Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Heating Central Heating YN Yes Interior Features BalconySeparate/Formal Dining RoomEat-in KitchenMultiple StaircasesPrimary SuiteUtility Room Main Level Bathrooms 2 Main Level Bedrooms 3

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSidewalks Garage YN Yes Inclusions All appliances Land Lease YN No Laundry Features InsideLaundry Room Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventionalSubmit New Construction YN No Possession Close Of Escrow Property Sub Type Duplex Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Duplex Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-06-15T07:31:47.393. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Ramos Group | Keller Williams High Desert. Licensed in the State of California, USA.
 
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The Ramos Group | Keller Williams High Desert
12530 Hesparia Rd Suite 101
Victorville CA, 92395
Listing Agent(s): Doron Refael of Doron Refael, Broker (714-253-2883)