Property Detail

Description

Prime Hollywood fourplex on a C2-zoned lot near the Metro, offering immediate rental income with exceptional long-term upside. Ideal for investors, owner-users, or developers, the zoning may allow future development opportunities, including additional units or increased density (buyer to verify). This newly remodeled property features two separate structures with four units: a front house with a 2 BD 1 BA unit and a 1 BD 1 BA unit, plus a detached rear building with two 2 BD units. Two of the units are fully renovated and vacant, ready for occupancy or lease at market rents, while two tenant-occupied units provide immediate income. Recent upgrades include new roofs, new concrete flooring throughout, windows, stucco, exterior paint, mini-split HVAC systems, electrical, a new front electric gate, tandem parking, and a community laundry room. The vacant units have been extensively remodeled with new kitchens, new baths, new doors, hardwood floors, closets, recessed lighting and more. The property includes five parking spaces and two detached storage rooms offering additional income potential. Located minutes from Paramount Studios, Sunset Gower Studios, Netflix, Larchmont Village, restaurants, shopping, major hospitals, and entertainment, it's also an excellent fit for content creators or entertainment professionals seeking private flexible live/work office space. A rare opportunity to own a turnkey income property with immediate cash flow and significant upside in one of Hollywood's most vibrant locations.