6,490 Sqft Lot
6,490 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25125513
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1960
Lot Size 6,490 Sqft
Property Sub-Type Mixed Use
Property Description
Now available: a rare multifamily investment opportunity in the heart of Hollywood, ideally located between Santa Monica Blvd and Sunset Blvd, with Fountain Ave as the cross street
Add a high-potential asset to your portfolio in one of Los Angeles' most in-demand rental submarkets. 7 Total Units:
• (1) Two-Bedroom, Two-Bath
• (4) One-Bedroom, One-Bath
• (2) Studio Units
Reliable income from 5 out of 7 units, while upgrading remaining units to achieve full market rates.
The interiors are slightly dated, but the spacious layouts and solid construction offer a perfect cosmetic value-add opportunity. Light updates will easily elevate the property and restore its classic Hollywood charm.Located in a high-demand, walkable neighborhood, just steps from studios, nightlife, and transit. Long-term appreciation and income upside make this a smart play for savvy investors.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Interior
Interior Features Ceiling Fan(s), Ceramic Counters, Tile Counters, All Bedrooms Up, All Bedrooms Down
Heating Floor Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, See Remarks
Fireplace No
Appliance Free-Standing Range, Gas Range
Laundry Common Area
Exterior
Parking Features Off Street, Paved, Unassigned, Uncovered
Fence Average Condition
Pool None
Community Features Curbs, Street Lights, Sidewalks, Urban
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
View Y/N No
View None
Roof Type Composition
Accessibility No Stairs, Parking
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Level, Rectangular Lot
Story 2
Foundation See Remarks
Sewer Public Sewer
Water Public
Architectural Style Mid-Century Modern
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 5534011022
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
