Exceptional four-unit property spanning 1,956 square feet, situated on a spacious 4,727 square foot lot. One unit can be delivered **vacant**, offering flexible options. There's ample space to add 1 more ADU in the backyard, increasing rental income potential. Enjoy stunning views of the vibrant neighborhood and iconic Hollywood, capturing… Read More the area's charm. All four units currently benefit from long-term, reliable tenants, with rents below market rates, presenting an excellent opportunity for significant rent increases. Some units feature tasteful renovations, enhancing their appeal. Located in the lively, picturesque Melrose Hill within the Hollywood Studio District, this property is an outstanding investment opportunity awaiting the right owner to realize its full potential. Read Less
Courtesy of Global Platinum Properties, Inc. 424-394-1030
Listing Snapshot
Days Online
71
Last Updated
Property Type
Other
Beds
3
Square Ft.
1,956
Lot Size
0.11 Acres
Year Built
1927
MLS Number
25531939
30 Days Snapshot Of 90029
$1.25M
-11%
(avg) sold price
4
-20%
homes sold
76
+33%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
1,956 sq ft, Built in 1927, Levels: One
Cooling
Ceiling Fan
Disclosures
None
Garage
Detached, Garage - 3 Car
Heating
Wall
Lot
LotAcreage: 0.109, LotSizeArea: 4,748
Parking
TotalParking: 4
Property
NumberOfUnits: 4, Zoning: LAR1
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