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Great opportunity to purchase an investment property at a price significantly below replacement cost. Comprised of 5units.Offers approximately 8,000 sqft of building area on a 10,500 sqft lot. Tremendous upside in rental income and long-term appreciation in a prime location. The property features four front units all 2 bedroom 1 bathroom. Owners unit consists of two stories, totaling 3 bedrooms 2 bathrooms in total, two living rooms and ample parking. Each unit includes the convenience of in-unit laundry. Several units have been upgraded with split-system HVAC, and the remaining units are equipped with wall A/C units. Currently, 3 of the 5 units are tenant occupied. Owners unit in the back and one front unit will be vacant at close of escrow. This property is an outstanding value-add opportunity for investors looking to maximize returns. The spacious units, strong rental demand, and significant rental upside make this an ideal long-term investment. The property also offers **potential to add an ADU (Accessory Dwelling Unit)**, subject to buyer verification with the City and all applicable governmental agencies, creating an additional opportunity to increase future income. **Property Highlights:** This attractive 5-unit apartment building offers approximately **8,000 square feet of living space** on a generous **10,500-square-foot lot** and features an ideal unit mix of **four 2-bedroom, 1-bath units** and **one spacious 3-bedroom, 1-bath unit**. Every unit includes the convenience of **in-unit laundry**, with several units upgraded with **split-system HVAC** and the remaining units equipped with **wall A/C units**. Currently, **3 of the 5 units are occupied**, with **current rents well below market**, offering a substantial value-add opportunity for investors. The property boasts **spacious floor plans**, **ample on-site parking**, and **potential to add an ADU (Accessory Dwelling Unit)**, subject to buyer verification and city approval. With significant rental upside and a prime location, this is an exceptional investment opportunity with both immediate income and long-term growth potential.
Property Type(s):
Residential Income
| Last Updated | 7/9/2026 | Year Built | 1921 |
|---|---|---|---|
| Community | C20 - Hollywood | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | C20 - Hollywood |
| HEAT | Wall Furnace |
| LOT | 10498 sq ft |
| LOT DIMENSIONS | 10500 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with Remax Optima
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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