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||163||LAST UPDATED||8/24/2023|
|PROPERTY TYPE(S)||Residential Income|
|Prior to Aug 11, '23||$1,075,000|
|Aug 11, '23 - Today||$1,264,000|
|BUYER'S BROKERAGE COMPENSATION||3.000 %|
|GARAGE||Driveway, Off Street, Shared Driveway|
|LOT||8131 sq ft|
|PARKING||Driveway,Off Street,Shared Driveway|
TOTAL MONTHLY PAYMENT
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Based on information from California Regional Multiple Listing Service, Inc. as of 10/1/23 4:26 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
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