$1,200,000
$1,450,000
17.2%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
4,620 SqFt
SOLD DATE : 05/15/2024
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,620 sqft
Price per Sqft $259
MLS Listing ID 24364657
Sold Date 05/15/24
Bedrooms 8
HOA Y/N No
Year Built 1928
Lot Size 4,935 Sqft
Property Description
First time on the market in 47 years. An incredible investment/developer opportunity to own a 4-unit income property in close proximity to West Hollywood, the Melrose District and bustling North Sycamore Avenue. Rare MR1 zoning! Four 2 bed + 1 bath units with original hardwood floors and 1920's Hollywood charm. All 4 units are occupied. Property needs foundational work. Property to be sold AS-IS with 4 tenants in place and no credits for repairs. Terrific opportunity for investment with rental upside potential or significant development potential. This is a probate sale - agents, please see private remarks. Property is subject to City of LA Rent Stabilization Ordinance. Drive-by only; do not disturb occupants.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAMR1
Interior
Cooling None
Fireplace No
Appliance Refrigerator, Dryer, Washer
Exterior
Attached Garage No
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5532010046
Special Listing Condition Probate Listing
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Bought with Ranit Efron • Atllas, Inc.
Real Estate Agent & Loan Officer | License ID: 02076931
+1(949) 226-1789 | realestateaminzarif@gmail.com