Los Angeles, CA 90038
$1,795,000

Mark Quesada
Broker / Owner
DRE #02101365
Ideally situated 8-unit multifamily building. Located just south of Sunset Boulevard. This asset consists of a very favorable unit mix consisting of one 3 Bed/2 Bath unit, three 2 Bed/1 Bath units, and four 1 Bed/1 Bath unit. The building comes with 10 parking spaces. Current ownership has done multiple upgrades and renovated some of the units. Government-required seismic retrofitting has been completed, newer roof and paint. The building is separately metered for gas and electricity. With a walk-score of 97 Walker s Paradise and is in a short distance from highly desirable dining and entertaining destinations. . The property is easily accessible to some of the most iconic neighborhoods and sites in Hollywood and Los Angeles. With easy access to 101 Freeway, it allows for an easy commute to Downton LA, and major local Hollywood attractions such as the Hollywood Walk of Fame, Griffith Observatory, Paramount Pictures Studios, Los Angeles City College. Located two blocks away from new development ECHELON STUDIOS OF HOLLYWOOD. This property offers investors a unique opportunity to acquire a well-maintained property nested near by multiple new developments with a significate rental upside potential.
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$13,248/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Interior
Construction
Lot & parking
Listed by Leonid Gershkovich, Prime Banker Realty, Inc.
MLS# 26864587 · Active
$1,188,250
Median sale price
40 days
Avg days on market
97.2% of list
Sells for
Closed sales in 90038 over the last 6 months, all home types.
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.