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$ 2,925,000
Est. payment | /mo
8 Beds
8 Baths
4,632 SqFt
$ 2,925,000
Est. payment | /mo
8 Beds
8 Baths
4,632 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,632 sqft
Price per Sqft $631
MLS Listing ID 25479443
Bedrooms 8
HOA Y/N No
Year Built 1921
Lot Size 6,621 Sqft
Property Description
Charming Hollywood Manor-Style Four-Plex in Prime Hollywood Location. Nestled in one of Hollywood's most coveted neighborhoods, this elegant Hollywood Manor-style Four-Plex presents a fantastic investment opportunity just steps from Paramount Studios. Set on a spacious 6,485-square-foot lot, the property offers four generously-sized units, totaling 4,632 square feet of living space. Each unit features two bedrooms and two bathrooms, with stylish hardwood floors, modern stainless steel appliances, and in-unit washers and dryers. The second-floor units enjoy the added bonus of a private, expansive BBQ patio with stunning views perfect for entertaining or relaxing in the California sunshine. The first-floor units are bright, filled with natural light with an extended indoor space, ideal for a home office or extra living area. Exceptional Value-Add Potential: The property is primed for growth, with the possibility to add an Accessory Dwelling Unit (ADU) or expand with additional units (buyer to verify). This provides an excellent opportunity to increase rental income or pursue future redevelopment. Currently, the property offers solid rental income with significant upside potential through rent increases and ADU development in the rear. Its prime location just moments from Larchmont Village, Paramount Studios, and Hollywood's iconic attractions ensures consistent tenant demand and long-term value appreciation. Whether you're looking to diversify your portfolio or capitalize on the thriving Hollywood market, this Four-Plex is an outstanding opportunity for savvy investors.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Interior
Interior Features Ceiling Fan(s)
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer
Exterior
Parking Features Assigned, Driveway, Electric Gate, Private
Total Parking Spaces 8
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5546021006
Special Listing Condition Standard
Listed by Jennifer Saginor • The Beverly Hills Estates
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Chandy Andre
Realtor-Owner | Lic# 01326084