5244 Hub Street

Description

Welcome to this exceptional duplex situated on a peaceful, treelined street in the heart of Highland Park, one of the most desirable areas in LA. This property perfectly combines a tranquil setting with walkable access to the vibrant restaurants, shops, music venues, and galleries that make Highland Park so popular. Nestled in a historic and artistic community, this duplex offers a unique opportunity for both homeowners and investors. The rear unit, 5244, is a beautifully renovated 3 bed, 2 bath home that underwent a complete remodel in 2023. It boasts recessed lighting throughout, a fully updated kitchen, new doors, French patio doors in the living room, and retrofitted windows. Outside, enjoy a private patio with a barbecue area shaded by a guava tree, perfect for outdoor entertaining. Additional upgrades include a tankless water heater, new roof, and enhanced foundation with drainage. The unit also features laundry hookups and outdoor parking for three cars, with convenient alley access through a newly installed automatic gate framed by lush bougainvillea plants. The front unit, 5246, is a well-maintained 3 bed, 1.5 bath two story home built in 1969. The bright and inviting interior features a spacious eat in kitchen with wood cabinetry and views of surrounding lemon trees and greenery. Downstairs, a welcoming entryway with an open oak staircase leads to the upper level, where you find three generously sized bedrooms with newly refinished oak floors and a full bathroom. A half bath is conveniently located on the first floor, along with a private laundry room offering ample space for folding and storage. This unit also includes a private 2 car garage with direct street access, adding to its appeal. For investors, this property offers an unparalleled opportunity, as both units will be delivered vacant at the close of escrow, allowing you to set market rents from day one. With its prime location, upgrades and exceptional income potential, this duplex is a rare find in Highland Park and an ideal investment opportunity. Pictures coming soon!