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Prime Hollywood investment opportunity featuring 16 one-bedroom, one-bathroom units, each with its own assigned parking space. Offered at $2,600,000 (approximately $162,500 per unit), this well-maintained asset delivers strong in-place income with a cap rate of approximately 6.25% and immediate upside. One vacant unit allows a new owner to lease at market and increase cash flow from day one, with additional upside through rent growth and operational improvements. The excellent unit mix, favorable parking ratio, and sought-after Hollywood location make this a compelling opportunity for both value-add and long-term investors.
| DAYS ON MARKET | 79 | LAST UPDATED | 3/4/2026 |
|---|---|---|---|
| YEAR BUILT | 1964 | COMMUNITY | C20 - Hollywood |
| COUNTY | Los Angeles | STATUS | Conditional |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Feb 10, '26 | $3,050,000 |
|---|---|
| Feb 10, '26 - Today | $2,600,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | C20 - Hollywood |
| LOT | 9901 sq ft |
| LOT DIMENSIONS | 9902 |
| PARKING | Assigned, Covered, Gated |
| STORIES | 2 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 3/16/26 3:33 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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