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$ 1,900,000
Est. payment | /mo
2 Beds
$ 1,900,000
Est. payment | /mo
2 Beds
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25196034
Bedrooms 2
Property Sub-Type Res Income 2-4 Units
Property Description
Discover an exceptional investment opportunity in Hollywood, CA, just steps from vibrant Franklin Village! This 4,392-sq-ft, 4-unit property, features four spacious 2-bedroom, 1-bath units, all vacant and primed for customization and top of the market rents. It is situated a large lot for potential future expansion and/or parking. Nestled in one of Hollywoods most prestigious neighborhoods, it offers unparalleled access to world-class dining, trendy nightlife, top-tier schools, employment hubs, and iconic entertainment like the Hollywood Walk of Fame. The adjacent property, with the same footprint but configured as an 8-unit, sold for $1.95M earlier this yearsecure city approval to transform this gem into an 8-unit powerhouse for maximum returns. Ideal for savvy investors seeking a buy-and-hold or redevelopment project, this property promises strong rental income in a high-demand market. With its prime location and untapped potential, this is a rare find in Hollywoods thriving real estate scene. All units will be delivered vacant.
Location
State CA
County Los Angeles
Zoning Assessor
Direction 101 Freeway off Beachwod, right on Franklin
Interior
Heating Floor Furnace
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5586014005
Listed by Troy Reed eXp Realty of California Inc
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Martina McKinney
REALTOR® | Lic# 02053849