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$ 2,795,000
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Active
954 N Van Ness AVE Los Angeles, CA 90038
10,166 Sqft Lot
UPDATED:
09/14/2024 07:12 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR24190001
Originating Board California Regional MLS
Year Built 1924
Lot Size 10,166 Sqft
Property Description
Charming 12-Unit Building in the Heart of Hollywood consisting of 3 separate buildings and parcels. Discover the perfect blend of comfort and style with this charming 12-unit building nestled in the vibrant Hollywood neighborhood. This well-maintained property offers a unique opportunity for modern living in one of Los Angeles' most iconic areas. It's situated just moments away from Santa Monica, Hollywood and Sunset Boulevard, you'll have easy access to a plethora of world-renowned entertainment, dining, and shopping options. The building is designed to cater to a range of lifestyles, offering a mix of two and three bedroom units that attract strong long-term tenants. The property boasts a welcoming community environment with a nicely maintained exterior and well-lit common areas ensure a safe and pleasant living experience for all residents. With its prime location, desirable features and the excellent income to expenses ratio, this building presents an excellent investment opportunity, especially with Hollywood's dynamic real estate market that promises strong rental demand and potential for future appreciation. This property contains 10 units out of the twelve that are NOT rent controlled by the city of Los Angeles, it also have separate electric and gas meters for each unit
Location
State CA
County Los Angeles
Area C20 - Hollywood
Interior
Laundry None
Exterior
Garage Spaces 9.0
Pool None
Building
Water District - Public
Others
Tax ID 5536015018
Special Listing Condition Not Applicable
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Listed by Alex Mehdiani • California Prime Realty, Inc.