$3,000,000

Residential Income In Los Angeles

  • 5 Beds
  • 4 Baths
  • 3,142 Sqft
  • 3,463 Sqft lot
  • Updated: July 8
  • Source:
    The MLS (CLAW)  MLS#26856999

About the Property

Exceptional investment opportunity in the heart of the Hollywood Hills. This well-maintained 4-unit apartment building, built in 1928, offers approximately 3,142 square feet on a 3,463 square foot LAR2-zoned lot. The property features a desirable unit mix, strong in-place rental income, and significant long-term upside in one of Los Angeles’ most sought-after rental markets. Located just minutes f
Exceptional investment opportunity in the heart of the Hollywood Hills. This well-maintained 4-unit apartment building, built in 1928, offers approximately 3,142 square feet on a 3,463 square foot LAR2-zoned lot. The property features a desirable unit mix, strong in-place rental income, and significant long-term upside in one of Los Angeles’ most sought-after rental markets. Located just minutes from the Hollywood Bowl, Runyon Canyon, Franklin Village, Hollywood & Highland, major studios, dining, entertainment, and convenient freeway access, the property attracts a broad tenant base seeking the ideal blend of neighborhood charm and urban convenience. The building presents an excellent opportunity for investors seeking stable cash flow with future value-add potential through strategic renovations and rental increases, subject to applicable regulations. Whether you’re expanding an existing portfolio or acquiring a trophy asset in a premier Los Angeles location, this is a rare opportunity to own a classic Hollywood Hills fourplex with lasting investment appeal. Property highlights include:* Four residential units* Approximately 3,142 SF building* Approximately 3,463 SF lot* Built in 1928* LAR2 zoning* Prime Hollywood Hills location near shopping, dining, entertainment, hiking trails, and major employment centers* Excellent long-term investment with upside potentialBuyer to independently verify all information, including square footage, zoning, permits, rent amounts, operating expenses, and applicable rent control regulations.
  • Property type

    Other

  • Year built

    1928

  • Price/sqft

    $954

Explore the Area

2053 Glencoe Way, Los Angeles, California, United States View on Google Maps
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Westside Property Management Inc. - Santa Monica

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Westside Property Management Inc. - Santa Monica
California, United States
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Westside Property Management Inc. - Santa Monica
Santa Monica, California, United States
View agency profile
Last updated
July 8
First listed
Jul 8
Listing reference
26856999
Listing status
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