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.
For sale
Listing Provided by:
Edgar Castro DRE #01411804 818-256-6309,
Park Regency Realty,
Gretell Castro DRE #02235859 661-670-4900,
Park Regency Realty
$2,499,999
1250 Gordon St, Los Angeles, CA 90038
6beds
10baths
4,260sqft
Est.:
Mixed Use
Built in 1960
-- sqft lot
$2,417,100 Zestimate®
$587/sqft
$-- HOA
What's special
Solid constructionCosmetic value-add opportunityClassic hollywood charmSpacious layouts
- 63 days
- on Zillow |
- 39 |
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