This well-positioned 4-plex is located in a highly desirable and historic, Hollywood area. The property is zoned for multi-unit, LAR3 and welcomes investors with creative mind and experienced architects on their team to build a multi-unit apartment building. Built in 1920’s the property still has its character and it is located in an exclusive spot surrounded by many Hollywood Hallmark spots. Take pleasure in dining and spending time with your family, you will be close to many exquisite restaurants, cafes, farmer’s market etc, literally minutes away from the property. This area is a highly desirable neighborhood with many new rental buildings being built. Rental rates average, $2000 for a 2 Br / 2 Bath unit for older buildings and $2500 and up for newly built apartment buildings. The property consists of four large 2 Br + 1 Bath Units. The units also include inside laundry machines.
Based on information from California Regional Multiple Listing Service, Inc. as of January 26th, 2021 at 7:10am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.