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Discover an exceptional investment opportunity in Hollywood, CA, just steps from vibrant Franklin Village! This 4,392-sq-ft, 4-unit property, features four spacious 2-bedroom, 1-bath units, all vacant and primed for customization and top of the market rents. It is situated a large lot for potential future expansion and/or parking. Nestled in one of Hollywood's most prestigious neighborhoods, it offers unparalleled access to world-class dining, trendy nightlife, top-tier schools, employment hubs, and iconic entertainment like the Hollywood Walk of Fame. The adjacent property, with the same footprint but configured as an 8-unit, sold for $1.95M earlier this year"”secure city approval to transform this gem into an 8-unit powerhouse for maximum returns. Ideal for savvy investors seeking a buy-and-hold or redevelopment project, this property promises strong rental income in a high-demand market. With its prime location and untapped potential, this is a rare find in Hollywood's thriving real estate scene. All units will be delivered vacant.
Last Updated | 9/9/2025 | Year Built | 1916 |
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Community | C20 - Hollywood | Garage Spaces | 3.0 |
County | Los Angeles |
Additional Details
AIR | None |
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AREA | C20 - Hollywood |
FIREPLACE | Yes |
GARAGE | Yes |
HEAT | Floor Furnace |
INTERIOR | Built-in Features, Ceiling Fan(s), Crown Molding, Storage |
LOT | 7501 sq ft |
LOT DESCRIPTION | Front Yard |
PARKING | Garage |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
STYLE | Victorian |
UTILITIES | Natural Gas Connected, Sewer Connected, Water Connected |
VIEW | Yes |
VIEW DESCRIPTION | City Lights |
WATER | Public |
Location
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