$1,700,000
$1,900,000
10.5%For more information regarding the value of a property, please contact us for a free consultation.
7,501 Sqft Lot
SOLD DATE : 10/16/2025
Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25196034
Sold Date 10/16/25
Construction Status Fixer
HOA Y/N No
Year Built 1916
Lot Size 7,501 Sqft
Property Sub-Type Quadruplex
Property Description
Discover an exceptional investment opportunity in Hollywood, CA, just steps from vibrant Franklin Village! This 4,392-sq-ft, 4-unit property, features four spacious 2-bedroom, 1-bath units, all vacant and primed for customization and top of the market rents. It is situated a large lot for potential future expansion and/or parking. Nestled in one of Hollywood's most prestigious neighborhoods, it offers unparalleled access to world-class dining, trendy nightlife, top-tier schools, employment hubs, and iconic entertainment like the Hollywood Walk of Fame. The adjacent property, with the same footprint but configured as an 8-unit, sold for $1.95M earlier this year—secure city approval to transform this gem into an 8-unit powerhouse for maximum returns. Ideal for savvy investors seeking a buy-and-hold or redevelopment project, this property promises strong rental income in a high-demand market. With its prime location and untapped potential, this is a rare find in Hollywood's thriving real estate scene. All units will be delivered vacant.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Interior
Interior Features Built-in Features, Ceiling Fan(s), Crown Molding, Storage
Heating Floor Furnace
Cooling None
Flooring Vinyl, Wood
Fireplaces Type Gas
Fireplace Yes
Laundry Inside
Exterior
Parking Features Door-Single, Garage, One Space
Garage Spaces 3.0
Garage Description 3.0
Fence Chain Link, Wood
Pool None
Community Features Street Lights, Sidewalks, Urban
Utilities Available Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View City Lights
Roof Type Flat,Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Victorian
Level or Stories Two
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 5586014005
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard, Trust
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Bought with William Lenocker eXp Realty of California Inc