- – beds
- – baths
- – sqft
- 12,008 sqft lot
- 1949 build
- – on site
More homes
Significant Value-Add Opportunity - Current rents at the property are well below market. There is approximately 50% upside in the current rents. | Delivered with Three Vacancies - The property will be delivered with three (3) vacant units (two (2) 1-bedroom units and one (1) studio unit)). The units are rent-ready, however a new investor may wish to renovate the units further to achieve a higher rent. | Great Location Next to Many of LAs Best Neighborhoods - The subject property is located near the corner of Hollywood Blvd and Hobart Blvd. Just south of the Hollywood Hills with a number of new development in the surrounding area. Adjacent to the trending neighborhood of Los Feliz. | Opportunity for Additional Income - There are 7 parking spaces on-site and no soft-story retrofit is required. Current ownership does not charge for parking. New ownership may choose to change that and add parking income. | On-Site Laundry - Laundry is located on-site for tenant use. Current washers and dryers are grossing an average of $50 a month. | Attractive Financing Available - Attractive purchase financing is available. Please inquire with the listing agent for more details.
Last checked:
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Last updated Apr 23, 2023
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MLS# 21768486 —
The Building
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Year Built:1949
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New Construction:No
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Building Area Total:9487.00
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Total Number Of Units:17
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# of Buildings:1
Interior
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Laundry:Washer Included, Dryer Included
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Laundry:1
Location
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Directions:The subject property is located near the corner of Hollywood Blvd and Hobart Blvd. Just south of the Hollywood Hills.
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Latitude:34.10104800
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Longitude:-118.30606100
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:12008.0000
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Lot Size Acres:0.2757
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Lot Size SqFt:12008.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5544020004
The Community
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Senior Community:No
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:7.00
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).
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).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/22/21
Dec 22, 2021
|
Sold | CRMLS_CA | $3,260,000 | -4.0% |
10/27/21
Oct 27, 2021
|
Sold Subject To Contingencies | CRMLS_CA | $3,395,000 | |
10/4/21
Oct 4, 2021
|
Price Changed | CRMLS_CA | $3,395,000 | -5.6% |