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.
Property Type
Residential IncomeCounty
Los AngelesStyle
Mid-Century ModernAD ID
50080810
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Composition
- Interior Features: Ceiling Fan(s),Ceramic Counters,Tile Counters,All Bedrooms Up,All Bedrooms Down
- Property Appliances: Free-Standing Range,Gas Range
- Flooring: Carpet,Laminate,See Remarks
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Floor Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1960
- Building Area Total: 4,260
- Construction: Frame,Stucco
- Roof: Composition
Foundation
- See Remarks
Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
Accessibility Features
- No Stairs,Parking
Pool Features
- None
Laundry Features
- Common Area
Fencing
- Average Condition
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.149
- Lot Size Source: Assessor
- Lot Size Square Feet: 6492
-
Listing Information
Listing Price Information
- Original List Price: 2,499,999
- Listing Contract Date: 2025-06-04
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5534011022
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Off Street,Paved,Unassigned,Uncovered
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: All Utilities
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C20 - Hollywood
- Postal Code Plus 4: 1947
- Directions: Fountain Ave/Gordon St
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: C20 - Hollywood
- Property SubType: Mixed Use
Building and Construction
- Property Age: 65
- Common Walls: 2+ Common Walls
- Property Condition: Repairs Cosmetic
- Structure Type: Mixed Use
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: ground level
- Property Attached: Yes
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BuyOwner last updated this listing 06/07/2025 @ 16:57
- MLS: SR25125513
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 4,260 sqft, 6,492 sized lot, and 0 parking. are nearby neighborhoods.