$5,100,000
$5,300,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
14 Beds
14 Baths
7,048 SqFt
SOLD DATE : 12/05/2024
Key Details
Sold Price $5,100,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,048 sqft
Price per Sqft $723
MLS Listing ID 24-420251
Sold Date 12/05/24
Bedrooms 14
Year Built 1959
Annual Tax Amount $58,300
Lot Size 7,906 Sqft
Acres 0.1805
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 Hollywood Riviera
Zoning TORR-MD
Rooms
Other Rooms Other
Interior
Heating Other
Cooling Other
Equipment Other
Exterior
Parking Features Garage
Garage Spaces 10.0
Building
Story 2
Level or Stories Multi/Split
Others
Special Listing Condition Standard
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