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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$1,299,000

Est. payment - /mo

6,738 Sqft Lot

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-24723

HOA Y/N No

Year Built 1923

Lot Size 6,738 Sqft

Property Description

Motivated Seller. Live Upstairs, Rent the Rest - Spacious Hollywood Triplex (3,136 Sq Ft + Development Potential)Own a versatile triplex in the heart of Hollywood with 3,136 sq ft of living space--perfect for both owner-users and investors seeking rental income and future development upside. The entire upper level is a Large 2-bedroom, 1-bath owner's unit, which will be delivered vacant--ready for immediate move-in or market-rate leasing. This light-filled space includes a large living room, breakfast nook, dining room, laundry room, and both front and rear entrances. Step outside to enjoy two private rooftop patios, ideal for entertaining or relaxing in the California sun. The two 1-bedroom, 1-bath units on the lower level are tenant-occupied, generating steady income to help offset mortgage expenses. Also included is a 3 car garage with an additional yard. Ideally located just off Wilton Place and Santa Monica Boulevard, the property boasts a Walk Score of 90--with restaurants, cafes, shops, and Larchmont Village all within easy reach. You're minutes from major studios, hospitals, and the future Echelon Studios Complex, a 550,000 sq ft production and retail hub slated to open in 2026.Even more potential: The current building ordinance allows for additional units and ADUs (Accessory Dwelling Units)--offering a rare chance to expand and increase cash flow in a high-demand rental area. This is a unique opportunity to live, earn, and build in one of LA's most desirable and centrally located neighborhoods.Buyer to independently verify all information, including square footage, zoning, and development potential.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Interior

Fireplace Yes

Exterior

Garage Spaces 3.0

Garage Description 3.0

Fence None

Pool None

Community Features Biking

View Y/N No

View None

Total Parking Spaces 3

Private Pool No

Building

Lot Description Sprinklers None

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 5535001017

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Constandinos Vagenas Goldstone Group

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833 835 N Ridgewood Los Angeles, CA 90038