This property is a fantastic investment opportunity in the heart of Hollywood for the right investor with a plan. It features four units, three of which are currently rented at below-market rates, providing a large potential for upside on income. The fourth unit is down to the studs and ready to be finished to your specifications. Situated just off Melrose Ave and South of the 101 freeway, this property is in a prime location with easy access to shopping and public transportation. It’s also within walking distance to Los Angeles Community College, making it an ideal choice for students. Don’t miss out on this chance to own a piece of Hollywood real estate with great potential for growth and income. Seller is a licensed real estate broker. Please DO NOT disturb the tenants. Contact me today to learn more about this exciting opportunity. All offers are subject to interior inspection.
DAYS ON MARKET
|
42
|
LAST UPDATED
|
5/20/2023
|
YEAR BUILT
|
1920
|
COMMUNITY
|
Hollywood
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
Prior to Apr 28, '23
|
$1,199,000
|
Apr 28, '23 - May 20, '23 |
$1,149,000
|
May 20, '23 - Today |
$1,099,000 |
AREA |
Hollywood |
GARAGE |
Driveway, Off Street, Shared Driveway |
LOT |
8131 sq ft |
LOT DESCRIPTION |
Yard |
PARKING |
Driveway,Off Street,Shared Driveway |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
1 |
TAXES |
27741 |
VIEW DESCRIPTION |
None |
WATER |
Public |
ZONING |
LARD1.5 |
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Listed with Diamond Real Estate One
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/2/23 8:09 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2023.
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