Hancock Park Trophy Mediterranean Revival Duplex

The Marsh Duplex. LA Historical Monument #999 with Mills Act Tax Benefits. Stunning Mediterranean Revival Duplex features incredibly spacious upper and lower units with impressive character and meticulous updates. Each level offers 3 bedrooms (+office downstairs), dramatic living/entertaining areas with beamed ceilings and wood burning fireplaces. Upstairs features an exquisite outdoor dining terrace and downstairs a tranquil atrium and additional office space. Gorgeous original details have been restored throughout including original hardwood floors, decorative moulding, dramatic tripartite windows, coved ceilings and vintage built-ins. Fully renovated baths and kitchens offer modern amenities and comfort while retaining the charm of the period. A detached studio (currently set up as a professional gym) could also be the perfect home office or flex space and easily converted to a full ADU. Gorgeous grounds feature a large flat yard, brick courtyards for outdoor dining and BBQ, and covered patio/lounge area. (There is room for a pool or spa). Upstairs unit has a wonderful tenant at market rent, and the downstairs will be delivered vacant. A rare offering that will go fast! Walking distance to some of LA's best shops and restaurants on Beverly and La Brea. Call today for a private viewing.

Finer details include

• Mills Act Tax saving is approx. 50-60% off your property taxes.
• Property has strong income history with Filming/TV Shoots. Agent details provided to new owner (revenue 30-70K per year)
• You may recognize the property from Modern Family - the pilot was shot here and Mitchell and Cam's home was modeled after it.
• Solar Panels Included - reducing electric bill to nearly zero on lower unit.
• Electric Car Charging Station (240 & 120).
• Entire exterior painted June 2020.
• Interiors painted July 2020 / Farrow and Ball paints.
• New Lighting Fixtures | Restoration Hardware 2020.
• New tankless water heaters.
• Bolted and retrofitted foundation.
• Alarm system with multiple hard wired contact points.
• Gated Drive / electric operated with clicker.
• Meticulously maintained property by current resident owner.
• Both units are incredibly strong rentals and lease very quickly