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Key Details
Sold Price $1,600,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD23047431
Sold Date 06/07/23
Bedrooms 7
HOA Y/N No
Lot Size 6,000 Sqft
Property Description
This 4-unit multifamily property is an excellent investment opportunity in the highly sought-after Hollywood and Hancock Park adjacent area of Los Angeles. Situated amidst multi-million dollar homes and in close proximity to popular landmarks such as Paramount Studios, The Grove, and The Hollywood Walk of Fame, the property boasts a prime location. Additionally, it is conveniently located near Melrose Avenue's trendy shops and restaurants, including Osteria Mozza, Petit Trois, the Cat & Fiddle, California Chicken Cafe, and Starbucks. Each unit in the property features central air and heat, a separate water heater, and individual gas and electricity meters. The unit configuration is as follows: Unit 1 has 3 bedrooms and 2 bathrooms, Unit 2 has 1 bedroom and 1 bathroom, Unit 3 features 2 bedrooms and 1 bathroom along with a private balcony and spacious floorplan, and Unit 4 is a 1-bedroom, 1-bathroom ground-floor unit with a basement and washer/dryer hookups. With its attractive location and desirable features, this property presents a promising investment opportunity. Property is close to to Famous Pinks Hot Dogs.
This 4-unit multifamily property is an excellent investment opportunity in the highly sought-after Hollywood and Hancock Park adjacent area of Los Angeles. Situated amidst multi-million dollar homes and in close proximity to popular landmarks such as Paramount Studios, The Grove, and The Hollywood Walk of Fame, the property boasts a prime location. Additionally, it is conveniently located near Melrose Avenue's trendy shops and restaurants, including Osteria Mozza, Petit Trois, the Cat & Fiddle, California Chicken Cafe, and Starbucks. Each unit in the property features central air and heat, a separate water heater, and individual gas and electricity meters. The unit configuration is as follows: Unit 1 has 3 bedrooms and 2 bathrooms, Unit 2 has 1 bedroom and 1 bathroom, Unit 3 features 2 bedrooms and 1 bathroom along with a private balcony and spacious floorplan, and Unit 4 is a 1-bedroom, 1-bathroom ground-floor unit with a basement and washer/dryer hookups. With its attractive location and desirable features, this property presents a promising investment opportunity. Property is close to to Famous Pinks Hot Dogs.
Location
State CA
County Los Angeles
Area Los Angeles (90038)
Zoning Assessor
Interior
Cooling Central Forced Air
Exterior
Garage Unit1:Assigned
Building
Lot Description Curbs, Sidewalks
Lot Size Range 4000-7499 SF
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Arthur Chalekian • JohnHart Real Estate