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Hollywood Investment Gem - 7-Unit Value-Add with Upside Rent Potential Now available: a rare multifamily investment opportunity in the heart of Hollywood, ideally located between Santa Monica Blvd and Sunset Blvd, with Fountain Ave as the cross street Add a high-potential asset to your portfolio in one of Los Angeles' most in-demand rental submarkets. 7 Total Units: "¢ (1) Two-Bedroom, Two-Bath "¢ (4) One-Bedroom, One-Bath "¢ (2) Studio Units Reliable income from 5 out of 7 units, while upgrading remaining units to achieve full market rates. The interiors are slightly dated, but the spacious layouts and solid construction offer a perfect cosmetic value-add opportunity. Light updates will easily elevate the property and restore its classic Hollywood charm.Located in a high-demand, walkable neighborhood, just steps from studios, nightlife, and transit. Long-term appreciation and income upside make this a smart play for savvy investors.
Property Type(s):
Residential Income
| Last Updated | 6/4/2025 | Year Built | 1960 |
|---|---|---|---|
| Community | C20 - Hollywood | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Free-Standing Range, Gas Range |
| AREA | C20 - Hollywood |
| CONSTRUCTION | Frame, Stucco |
| HEAT | Floor Furnace |
| INTERIOR | Ceiling Fan(s), Tile Counters |
| LOT | 6490 sq ft |
| LOT DESCRIPTION | Level, Rectangular Lot |
| PARKING | Off Street, Paved, Unassigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | MidCenturyModern |
| UTILITIES | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Park Regency Realty
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