5850 Foothill Drive Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90068
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL25563919
Bedrooms 5
Lot Size 8,100 Sqft
Property Sub-Type OTHER
Property Description
Delivered vacant, 5850 Foothill Drive is a gated duplex in the Hollywood Hills offering two full residences across 4,122 SF on a 7,800 SF lot. The property features 5 bedrooms and 7 bathrooms with separate private entries, kitchens, and living spaces. The upper 3BR/3BA residence is marketed at $8,250/month and the lower 2BR/2BA at $7,995/month, for a projected gross annual income of ~$195,000 based on marketed rents. Both units have a consistent rental history, reflecting steady demand in this location. Recent updates include roof, HVAC, flooring, kitchens, and bathrooms, reducing near-term maintenance while preserving original character such as Batchelder fireplaces. Outdoor features include private terraces, mature landscaping, and gated parking with garage + driveway. Approved plans for a one-bedroom ADU and pool provide additional upside. Located in the Hollywood Grove Historic Overlay Zone, the property is minutes from Griffith Park, Franklin Village, and major studios. Versatility: Suitable for an owner-occupant seeking rental income, multi-generational living with privacy, a pure investment property, or recombination into a single-family estate. Note: Rent figures are marketed estimates and subject to the Los Angeles Rent Stabilization Ordinance (RSO) and tenant protection
Location
State CA
County Los Angeles
Zoning LAR1
Interior
Heating Central
Cooling Central Air
Flooring Wood
Laundry Dryer,Washer
Building
New Construction No