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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.
DAYS ON MARKET | 106 | LAST UPDATED | 8/12/2025 |
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YEAR BUILT | 1960 | COMMUNITY | C20 - Hollywood |
COUNTY | Los Angeles | STATUS | Active |
PROPERTY TYPE(S) | Residential Income |
PRICE HISTORY | |
Prior to Aug 12, '25 | $2,499,999 |
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Aug 12, '25 - Today | $1,950,000 |
ADDITIONAL DETAILS | |
AIR | Wall/Window Unit(s) |
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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 |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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