Hollywood Investment Gem – 7-Unit Value-Add Opportunity Near Sunset Blvd
Now available: a rare apartment building opportunity in the heart of Hollywood, just steps from Sunset Boulevard with Netflix and KTLA 5 as your neighbors. This is your chance to add a prime asset to your portfolio in one of Los Angeles' most sought-after rental markets.
The property includes 7 spacious units, consisting of:
• (3) Two-bedroom, two-bath units
• (4) One-bedroom, one-bath units
Investors can immediately reposition the building to capture current market rents. The interiors are slightly dated, but the layout and size of the units offer incredible potential — a light cosmetic refresh is all that’s needed to elevate the property and reflect the glamour of its Hollywood location.
This is a true value-add opportunity in a location that continues to grow in demand and prestige.
Home Style:
Mid-Century Modern
Property Sub Type:
Mixed Use
Property Attached:
Yes
Lot Area:
6,502 sq. ft.604 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1964
(Age: 61)
General Listing Location:
Los Angeles, C20 - Hollywood
County Or Parish:
Los Angeles
Tenant Pays:
All Utilities
Common Interest:
None
Gross Income:
$0
Gross Scheduled Income:
$0
Net Operating Income:
$0
Rent Control:
Yes
Land Lease:
No
Electric Expense:
$0
Fuel Expense:
$0
Insurance Expense:
$0
Operating Expense:
$0
Professional Management Expense:
$0
Trash Expense:
$0
Water and Sewer Expense:
$0
Tax Lot:
93
Sunset Blvd/Tamarind Ave
Floor
Type
Size
Other
-
Bedroom
Measurements not available
All Bedrooms Down
-
Bedroom
Measurements not available
All Bedrooms Up
-
Laundry
Measurements not available
-
Appliances:
Free-Standing Range
Accessibility Features:
No Stairs, Parking
Number of Buildings:
1
# of Electric Meters:
7
# of Gas Meters:
7
# of Water Meters:
1
# Units Leased:
2
Community Features:
Curbs, Street Lights, Sidewalks, Urban
Senior Community:
No
Interior Features:
Balcony, Block Walls, Ceiling Fan(s), Quartz Counters, Tile Counters, All Bedrooms Up, All Bedrooms Down
Laundry Features:
Common Area, See Remarks
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
0-1 Unit/Acre, Level, Near Public Transit, Paved, Rectangular Lot, Walkstreet