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$ 895,000
Est. payment | /mo
3 Beds
4 Baths
1,956 SqFt
$ 895,000
Est. payment | /mo
3 Beds
4 Baths
1,956 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,956 sqft
Price per Sqft $457
MLS Listing ID 25531939
Bedrooms 3
HOA Y/N No
Year Built 1927
Lot Size 4,748 Sqft
Property Description
Exceptional four-unit property spanning 1,956 square feet, situated on a spacious 4,727 square foot lot. One unit can be delivered **vacant**, offering flexible options. There's ample space to add 1 more ADU in the backyard, increasing rental income potential. Enjoy stunning views of the vibrant neighborhood and iconic Hollywood, capturing the area's charm. All four units currently benefit from long-term, reliable tenants, with rents below market rates, presenting an excellent opportunity for significant rent increases. Some units feature tasteful renovations, enhancing their appeal. Located in the lively, picturesque Melrose Hill within the Hollywood Studio District, this property is an outstanding investment opportunity awaiting the right owner to realize its full potential.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR1
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Door-Multi, Garage
Total Parking Spaces 4
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5535027009
Special Listing Condition Standard
Listed by Armin Soleimani Global Platinum Properties, Inc.