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Listed by Edgar Castro • Park Regency Realty
$2,950,000
Est. payment /mo
5,946 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,946 sqft
Price per Sqft $496
MLS Listing ID CRSR25125238
HOA Y/N No
Year Built 1964
Lot Size 6,502 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
Hollywood Investment Gem – 7-Unit Value-Add Opportunity Near Sunset Blvd Now available: a rare apartment building opportunity in the heart of Hollywood, just steps from Sunset Boulevard with Netflix and KTLA 5 as your neighbors. This is your chance to add a prime asset to your portfolio in one of Los Angeles' most sought-after rental markets. The property includes 7 spacious units, consisting of: • (3) Two-bedroom, two-bath units • (4) One-bedroom, one-bath units Investors can immediately reposition the building to capture current market rents. The interiors are slightly dated, but the layout and size of the units offer incredible potential — a light cosmetic refresh is all that’s needed to elevate the property and reflect the glamour of its Hollywood location. This is a true value-add opportunity in a location that continues to grow in demand and prestige.
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile, Carpet
Fireplace No
Laundry Other, See Remarks
Exterior
View Other
Handicap Access Other
Building
Lot Description Level, Other, Paved
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613