Located in the very HEART OF HOLLYWOOD, just blocks from the Hollywood and Western Subway Line, this 13-unit apartment building offers a multitude of development and commercial opportunities. Below-market rents present an OPPORTUNITY for an enterprising investor looking for an income property with considerable upside potential. The building was RETROFITTED in 2020 in accordance with the City of Los Angeles Ordinance183893 and is compliant with all earthquake structural improvements. UPGRADE to full double-pane window replacement done in 2020. Brand new roof replaced in 2015. Plumbing replaced to copper in 2019. Most appliances are building owned. All units have been remodeled to include laminate floors and most units have upgraded bathrooms and kitchens. The building has been METICULOUSLY MAINTAINED providing the new owner with minimal deferred maintenance. PRIME LOCATION in the up-and-coming East Hollywood corridor with close access to the 101 Freeway and the subway B line, as well as major retailers like Target and Home Depot as well as top entertainment venues. ONE BLOCK from the new Netflix Officeson Serrano and several major employers including Kaiser Permanente and the Sunset and Gower Studios.
|DAYS ON MARKET||105||LAST UPDATED||5/31/2022|
|LOT||8712 sq ft|
|LOT DESCRIPTION||Landscaped, Level, Near Public Transit, Rectangular Lot, Sprinkler System, Sprinklers In Front, Street Level|
|UTILITIES||Electricity Connected,Phone Connected,Sewer Connected,Water Connected, Electric: Electricity - On Property|
TOTAL MONTHLY PAYMENT
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Based on information from California Regional Multiple Listing Service, Inc. as of 7/7/22 7:02 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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