6921 Paseo Del Serra, Los Angeles, CA 90068

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For Sale: $2,198,000

Zestimate®: $1,922,509

A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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  • Bedrooms:Studio
  • Bathrooms:Unknown
  • Single Family:4,295 sq ft
  • Lot:0.37 acres
  • Year Built:1954
  • Last Sold:Feb 1977 for $200,002
  • Heating Type:Other
  • Listing site:Keller Williams Realty Westside
Description
Attention Investors, Rehabbers, Builders, and Developers! 3 Duplexes on 3 lots in prime Hollywood Heights locale in original condition with expansive city views. Tucked away in a lushly landscaped tranquil environment, you feel like you're in the middle of the woods, though are only a few blocks away from the Hollywood shops, restaurants, entertainment, and nightlife. Steps to Yamashiro's Farmers Market on Thursdays, Hollywood Bowl, Hollywood & Highland, Runyon Canyon, and countless other amenities. All properties zoned R2. According to city zoning engineer, Baseline Hillside Ordinance does not apply here. Can rehab the property all at once or one building at a time to raise rents, or tear down one, two, or all to build new. Studio recently rehabbed. This property has the ability to generate cash flow now, while you develop your plans, or simply as a long term investment with significant upside potential in rents. Seller is motivated. Make us an offer!  MoreLess
    • Days on Zillow441
    • CoolingCentral
    • ParkingOn street
    • Basement TypeUnknown
    • FireplaceUnknown
    • Floor CoveringUnknown
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$1,922,509
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$1.71M
$2.10M
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$2,595/mo
-$175 Last 30 daysd
$1.3K
$5.2K
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Neighborhood for 6921 Paseo Del Serra

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Among Hollywood Hills homes, this home is 54.9% more expensive than the midpoint (median) home, but is priced 23% less per square foot. Foreclosures will be a factor impacting home values in the next several years. In the Hollywood Hills market, the number of foreclosures waiting to be sold shrank 28.4% in the last year. The number of unsold foreclosures is 8.2% less than in Los Angeles, and 36.6% less than the national average. This lower local number could help Hollywood Hills home values rise more quickly than other regions in Los Angeles.

Learn more about forecast calculations or Hollywood Hills home values.
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