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This exceptional investment opportunity in East Hollywood offers approximately 33% rental upside potential, allowing investors to unlock significant value by aligning rents with market rates. Situated just three blocks north of Santa Monica Boulevard on La Mirada Ave, the property benefits from a prime location with easy access to Hollywood's top dining, shopping, and entertainment options. Additionally, its designation within a Qualified Opportunity Zone provides substantial tax incentives, making it an attractive long-term hold. Adding to its appeal, the property is surrounded by world-renowned entertainment studios, ensuring strong demand from industry professionals. Netflix HQ, located just a block away, is a major employer with nearly 14,000 employees, while Paramount Pictures, Universal Studios, Warner Bros., and Walt Disney Studios are all within a few miles. With Hollywood's thriving rental market and this property's strategic positioning, investors have a rare opportunity to establish a strong foothold in one of Los Angeles' most sought-after submarkets.
Property Type(s):
Residential Income
| Last Updated | 4/2/2025 | Year Built | 1954 |
|---|---|---|---|
| Community | Hollywood | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| AREA | Hollywood |
|---|---|
| CONSTRUCTION | Stucco |
| GARAGE | Carport, Yes |
| HEAT | Wall Furnace |
| LOT | 0.34 acre(s) |
| PARKING | Carport |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| ZONING | LAR3 |
Location
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Listed with Marcus & Millichap
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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