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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,099,000

Est. payment - /mo

4 Beds

3 Baths

2,710 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,710 sqft

Price per Sqft $405

MLS Listing ID 25513153

Bedrooms 4

HOA Y/N No

Year Built 1924

Lot Size 6,542 Sqft

Property Description

Prime Hollywood Triplex Investment Opportunity! Seize this exceptional investment opportunity in the heart of Hollywood! This well-maintained triplex offers strong potential for rental income growth. The property features a spacious 2-bedroom, 1-bath unit on the top floor, along with two 1-bedroom, 1-bath units on the lower level. Situated on a 6,500+ square foot lot, it offers plenty of parking, including 2 enclosed garages.Recent building upgrades include new copper plumbing, water heaters, dual-pane windows, and an updated sewer line, providing a solid foundation for future enhancements. Additionally, foundational piers and a post-repair have been completed for added stability. The city has approved an Accessory Dwelling Unit (ADU) for the property, offering even more potential for value-add and increased rental income. With a prime location, this property is just steps away from a wide variety of restaurants, shops, LA City College, and the Metro Red Line, offering convenient access to downtown LA and beyond. This is your chance to invest in one of Los Angeles' most sought-after neighborhoods with tremendous upside potential! Please do not disturb tenants. All tenants have all agreed to a cash-for-keys arrangement.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LARD2

Interior

Cooling None

Fireplace No

Exterior

Parking Features Assigned, Door-Multi, Garage

Total Parking Spaces 7

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5540006015

Special Listing Condition Standard

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Listed by Cheong Lee • Keller Williams Coastal Prop.

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1117 N Alexandria AVE Los Angeles, CA 90029