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Key Details
Sold Price $5,100,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,048 sqft
Price per Sqft $723
MLS Listing ID 24420251
Sold Date 12/05/24
Bedrooms 14
HOA Y/N No
Year Built 1959
Lot Size 7,906 Sqft
Property Description
HUGE PRICE REDUCTION! Luca is proud to present this rare opportunity to purchase 10 Units delivered 80% Vacant just 4 properties away from the Ocean. Located in the Heart of Hollywood Riviera, the property is perfectly situated just footsteps from both the sand and Riviera Village filled with high-end restaurants, nightlife, shopping, and many more amenities. The subject property consists of (6) 1-bedroom/1-Bathroom Units and (4) 2-Bedroom/2-Bathroom Units. The subject property is a blank canvas as 8 out of 10 Units are currently vacant, offering an investor the ability to begin their remodeling workday 1. The property offers subterranean gated parking. Seller has in-place plans, renderings, and other information for a remodel, which can be provided to perspective buyers. This is an A-Class Trophy location and is NOT subject to LA Rent Control and instead falls under AB-1482.
Location
State CA
County Los Angeles
Area 128 - Hollywood Riviera
Zoning TORR-MD
Interior
Fireplace No
Exterior
Parking Features Garage
Total Parking Spaces 10
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 7511019031
Special Listing Condition Standard
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Bought with Jonathan Nikfarjam • Shield CRE, Inc.
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692