3840 Tracy St Los Angeles, CA 90027

Charming 1940s duplex located in the highly coveted Franklin Hills neighborhood of Los Feliz. This is the first time this property has been on the market in 52 years, featuring two single-family residences and separate 1-car garages for each unit. It's a rare opportunity to own a piece of Northeast LA's most sought-after neighborhoods! 3840 + 3838 Tracy St boasts a fantastic location right by local hotspots like Barbix, Tomato Pie, Baller Hardware, Gelson's, and Trader Joe's. History buffs will appreciate being close to the Franklin Hills Shakespeare Bridge and the original site of Walt Disney's animator cottages. This multi-family home sits on a 5,550 square foot lot and comprises two units, each offering 2 bedrooms, 1 bath with washer and dryer hookups.The property provides a blend of space and privacy that is ideal for investors or owner-occupiers looking for rental income. The top unit, 3840 Tracy St, is currently vacant and move-in ready - updates include fresh paint, new kitchen flooring, new garbage disposal, new dining room light fixture, new toilet and updated plumbing. This unit will be delivered vacant at the close of escrow, offering immediate income potential or a comfortable owner's residence. The downstairs unit has the same footprint, but with an added bay window. It is currently occupied by long-term tenants. Outside you'll enjoy a lush garden complete with mature persimmon, peach and loquat trees. Whether you're looking for an income property or a place to call home with rental opportunities, this duplex in Franklin Hills is a rare find that won't last long.