1627 N Poinsettia Place

Los Angeles, CA 90046

  • 18 Bed(s)
  • 0 Bath(s)
  • 14,817 Sqft
  • 8439
    Sqft(Lot)
$5,095,000

Description

1627 n poinsettia place is a 20-unit situated in a prime hollywood locationone of the most desirable rental submarkets in los angeles. originally built in 1965, the three-story building spans approximately 14,817 square feet. the asset features an ideal unit mix consisting of: (2) studio units, (14) one-bedroom / one-bath units, (4) two-bedroom / two-bath units. the majority of units are currently rented at below-market rates, presenting a classic value-add opportunity for investors seeking long-term upside through renovation and repositioning. notable recent capital improvements include a new elevator system and upgraded master water heater, enhancing both reliability and tenant experience. one of the two bedroom units serves as a spacious, well-renovated owner's unit, while the on-site manager's studio unit will be delivered vacant at close of escrow, offering flexibility for new management or rental use. additional property highlights include gated subterranean parking, a rare and desirable amenity in this dense urban area. this offering presents a unique opportunity for an astute multifamily investor to acquire a well-located, income-generating asset with significant upside potential in the heart of hollywood.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    50151585

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Property Details

  • Bedroom Information

    • Total Bedrooms : 18

    Bathroom Information

    • Total Baths: 24
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Dishwasher,Refrigerator

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1965
    • Building Area Total: 14,817

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1937
    • Lot Size Dimensions: 60x140
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 8439

  • Listing Price Information

    • Original List Price: 5,095,000
    • Listing Contract Date: 2025-06-09

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 5548009033

  • Garage and Parking

    • Garage Description: Underground

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C20 - Hollywood
    • Directions: North of Sunset Blvd and West of N La Brea Ave.
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: C20 - Hollywood

    Building and Construction

    • Property Age: 60
    • Year Built Source: Assessor
    • Total Square Feet Living: 14817
    • Levels or Stories: Three Or More
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BuyOwner last updated this listing 06/15/2025 @ 14:46

  • MLS: 25551207
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 18 bedrooms which is for sale, it has 14,817 sqft, 8,439 sized lot, and 0 parking. are nearby neighborhoods.