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Introducing an exceptional four-unit property that spans an impressive 1,956 square feet, elegantly set on a spacious 4,727 square foot lot. This property is brimming with potential for the discerning investor. With ample room for the addition of four more ADUs in the backyard, you can significantly enhance your rental income. Experience breathtaking views of the vibrant neighborhood and iconic Hollywood, embodying the charm of this trendy area. Currently, all four units benefit from long-term, reliable tenants, each unit attractively priced below the current market rates, providing an incredible opportunity for substantial rent increases. Many units feature tasteful renovations, further enhancing their appeal. Located in the lively and picturesque Melrose Hill, a true treasure within the Hollywood Studio District, this property is an outstanding investment opportunity waiting for the right owner to unlock its full potential.
Property Type(s):
Residential Income
| Last Updated | 4/29/2025 | Year Built | 1927 |
|---|---|---|---|
| Community | Hollywood | County | Los Angeles |
Additional Details
| AREA | Hollywood |
|---|---|
| GARAGE | Door-Multi, Garage, Yes |
| HEAT | Wall Furnace |
| LOT | 4748 sq ft |
| PARKING | Door-Multi,Garage |
| STORIES | 1 |
| ZONING | LAR1 |
Location
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Listed with Global Platinum Properties, 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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