- – beds
- – baths
- – sqft
- 6,492 sqft lot
- 1960 build
- – on site
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.
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Last updated Jun 5, 2025
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MLS# SR25125513 —
The Building
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Year Built:1960
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Frame, Stucco
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Building Area Total:4260.00
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Building Area Units:Square Feet
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Total Number Of Units:7
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# of Buildings:1
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Architectural Style:Mid Century Modern
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Roof:Composition
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Foundation:See Remarks
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Stories Total:2
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Entry Level:1
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Accessibility Features:No Interior Steps, Parking
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:7
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# of Separate Water Meters:1
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# of Separate Electric Meters:7
Interior
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Features:Ceiling Fan(s), Ceramic Counters, Tile Counters
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Entry Location:ground level
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Flooring:Carpet, Laminate, See Remarks
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Room Type:All Bedrooms Down, All Bedrooms Up
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Laundry:Common Area
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Laundry:1
Location
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Directions:Fountain Ave/Gordon St
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Latitude:34.09396900
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Longitude:-118.31978300
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Property Condition:Repairs Cosmetic
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Zoning:LAR3
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Lot Features:0-1 Unit/Acre, Rectangular Lot, Level
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Lot Size Area:6492.0000
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Lot Size Acres:0.1490
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Lot Size SqFt:6492.00
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Lot Size Source:Assessor
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View:None
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Fencing:Average Condition
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Fence:Yes
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
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Road Frontage:City Street
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Road Surface Type:Paved
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:1909.02
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Tax Tract:Grider
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Tax Lot:166
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5534011022
Heating & Cooling
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Heating:1
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Heating:Floor Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Utilities:Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Free-Standing Range, Gas Range
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Included:Yes
The Community
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Features:Curbs, Sidewalks, Street Lights, Urban
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Yes
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Parking:Paved, Off Street, Unassigned, Uncovered
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/4/25
Jun 4, 2025
|
Listed / Active | CRMLS_CA | $2,499,999 |