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Additional details
Listed by Edgar Castro • Park Regency Realty
$2,499,999
Est. payment /mo
6,492 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25125513
Year Built 1960
Lot Size 6,492 Sqft
Source California Regional MLS
Property Description
Hollywood Investment Gem - 7-Unit Value-Add with Upside Rent Potential 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
Rooms
Kitchen Oven Range - Gas, Oven Range
Interior
Heating Floor Furnace
Cooling Window / Wall Unit
Flooring Laminate, Other
Laundry Laundry Area
Exterior
Parking Features Unassigned Spaces, Off-Street Parking, Other, Uncovered Parking
Pool 31, None
View None
Roof Type Composition
Building
Lot Description Grade - Level
Foundation Other
Water District - Public
Others
Tax ID 5534011022
Special Listing Condition Not Applicable
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