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Off market
  • $1,987,000

    1307 Tamarind Ave, Los Angeles, CA 90028

    11beds
    11baths
    5,741sqft
    MultiFamily
    Built in 1965
    -- sqft lot
    $1,987,000 Zestimate®
    $346/sqft
    $1,886 Estimated rent

    What's special

    Fantastic 7 unit value-add multi-family income opportunity in Prime Hollywood location! 3 of 7 units delivered vacant, with the potential for 2 more. 1307 Tamarind Avenue is a 7-unit multifamily asset located in the Heart of Hollywood. Situated on a 6,503 SF R4 lot, 1307 Tamarind is ideally located just steps from the World-Famous Sunset Boulevard, walking distance to an array of shops and restaurants, as well as the worlds most iconic travel and sightseeing destinations. Built in 1965, this 7-unit multi-family property is also located in the Hollywood Opportunity Zone, providing a savvy investor the opportunity to maximize rents in this hot development area. Great opportunity to pick up more units near the Sunset Gower Studio 500,000 square foot expansion, Netflix, HBO and Viacom. The location and the opportunity don't get much better than this! Fantastic location, income upside potential, walkability to work and play. Excellent Income Producing Asset in Prime Hollywood Location!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 11
    Heating
    • Radiant
    Cooling
    • Wall
    Appliances
    • Laundry: Laundry Area
    Features
    • Common walls with other units/homes: Attached
    Interior area
    • Total interior livable area: 5,741 sqft

    Property

    Parking
    • Parking features: Carport, Garage - Attached
    Features
    • Levels: Two
    Lot
    • Size: 6,503 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1965

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector, Automatic Gate
    Location
    • Region: Los Angeles

    Other

    Other facts
    • County: Los Angeles
    • ListingStatus: Active
    • PropertyType: Residential Income
    • SourceLivingArea: Title Company
    • Cooling: Wall Unit(s)
    • Equipment: Ceiling Fan
    • CommonWalls: Attached
    • Laundry: Laundry Area
    • ListingArea: Hollywood
    • ParkingGarage: Carport Attached
    • Levels: Two
    • SecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector, Automatic Gate
    • SourceLotSizeArea: Estimated
    • Country: US
    • Heating: Radiant
    • Style: Contemporary
    • LaundryEquipment: Lease
    • DirectionFaces: East
    • Roof: Flat
    • UnitTypeType: 2106, 2107
    Services availability
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    Estimated market value

    $1,987,000