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$949,995
Est. payment /mo
4 Beds
4 Baths
4,151 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25168311
Bedrooms 4
Lot Size 4,151 Sqft
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Conventional
Property Type Res Income 2-4 Units
Property Description
Charming 5-Unit Multifamily Property in Prime Hollywood Location Value-Add Opportunity! Unlock the potential of this well-maintained 5-unit multifamily property located in the heart of Hollywood, just moments from the iconic Hollywood Strip, major studios, popular restaurants, bars, grocery stores, and the vibrant Larchmont Village. Each unit features 1 bedroom and 1 bathroom, with three units being recently updated with fresh paint, new flooring, and modernized bathrooms. Tenants are responsible for trash, gas, and electricity, while the building covers water only, keeping operating costs low. This property also offers significant upside potential, with expansion possibilities by building upward (buyer to verify), maximizing long-term value in one of LAs most desirable rental markets. Conveniently located near Larchmont Village, Hancock Park, Melrose, Fairfax, and West Hollywood, this property is a standout investment with strong income potential and development possibilities.
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of Willoughby, on El Centro
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5534028013
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Ricardo Velasquez, DRE#01783509 LRS Realty & Management Inc.
Nearby School & Business
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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