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HUGE PRICE REDUCTION! Luca is proud to present this rare opportunity to purchase 10 Units delivered 80% Vacant just 4 properties away from the Ocean. Located in the Heart of Hollywood Riviera, the property is perfectly situated just footsteps from both the sand and Riviera Village filled with high-end restaurants, nightlife, shopping, and many more amenities. The subject property consists of (6) 1-bedroom/1-Bathroom Units and (4) 2-Bedroom/2-Bathroom Units. The subject property is a blank canvas as 8 out of 10 Units are currently vacant, offering an investor the ability to begin their remodeling workday 1. The property offers subterranean gated parking. Seller has in-place plans, renderings, and other information for a remodel, which can be provided to perspective buyers. This is an A-Class Trophy location and is NOT subject to LA Rent Control and instead falls under AB-1482.
Property Type(s):
Residential Income
| Last Updated | 10/1/2024 | Year Built | 1959 |
|---|---|---|---|
| Community | Hollywood Riviera | County | Los Angeles |
Price History
| Prior to Aug 23, '24 | $6,100,000 |
|---|---|
| Aug 23, '24 - Oct 1, '24 | $5,750,000 |
| Oct 1, '24 - Today | $5,300,000 |
Additional Details
| AREA | Hollywood Riviera |
|---|---|
| GARAGE | Garage, Yes |
| LOT | 7906 sq ft |
| LOT DIMENSIONS | 70x128 |
| PARKING | Garage |
| STORIES | 2 |
| ZONING | TORR-MD |
Location
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Listed with Shield CRE, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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