New Price! Amazing 10 Unit Income Property Opportunity! 5.7% In-Place Cap in Prime Hollywood Location! 10 Units for $2,095,000! We are pleased to exclusively offer for sale 1140-42 N. Beachwood Drive, a 10 unit apartment building located in the heart of Hollywood's bustling studio district. Offered well below replacement cost at $209,500 per unit, 1140-42 N. Beachwood Drive offers a new owner a going in 5.7% cap and a 12.3 GRM upon remodeling and re-leasing of the unit that will be delivered vacant. Situated on a 6,752 SF lot zoned R3, the property features a detached parking structure that could potentially be converted to ADU units (Buyer to verify number of ADUs possible). Some units have bee upgraded with new floors and appliances, 30% income upside potential still remains even after the vacant unit is remodeled and re-leased at market rent. Amazing opportunity to acquire 10 apartment units in the middle of the action! 7.9% Proforma Cap! Don't miss this amazing opportunity to acquire 10 units in the heart of Hollywood's Studio District, surrounded by new jobs and high end for sale residential! Brand new construction townhouse units across the street - 1153 Beachwood Drive - each unit renting for $6,750 each!
New Price! Amazing 10 Unit Income Property Opportunity! 5.7% In-Place Cap in Prime Hollywood Location! 10 Units for $2,095,000! We are pleased to exclusively offer for sale 1140-42 N. Beachwood Drive, a 10 unit apartment building located in the heart of Hollywood's bustling studio district. Offered well below replacement cost at $209,500 per unit, 1140-42 N. Beachwood Drive offers a new owner a going in 5.7% cap and a 12.3 GRM upon remodeling and re-leasing of the unit that will be delivered vacant. Situated on a 6,752 SF lot zoned R3, the property features a detached parking structure that could potentially be converted to ADU units (Buyer to verify number of ADUs possible). Some units have bee upgraded with new floors and appliances, 30% income upside potential still remains even after the vacant unit is remodeled and re-leased at market rent. Amazing opportunity to acquire 10 apartment units in the middle of the action! 7.9% Proforma Cap! Don't miss this amazing opportunity to acquire 10 units in the heart of Hollywood's Studio District, surrounded by new jobs and high end for sale residential! Brand new construction townhouse units across the street - 1153 Beachwood Drive - each unit renting for $6,750 each!
FIXER. Zoned Commercial... Renovate this house and live here, or make it a work from home situation, make it into an office, run a small business, or it's Land Value in the Prime Up and Coming Hollywood area. The Metro station is at Hollywood Blvd. and Western. The Sears Town project is across the street. This is close to the 101 Frwy by car, DTLA, Beachwood Canyon, Wilshire etc. and there is parking in the front and back for up to 6 cars.
Hot Hollywood area. 7 cute units close to the Studios. Two other units are currently rented for $ 747.00 & $1000. Sellers will only look at offers from Buyers with preapproved loans and source of funds. Buyer/s to cooperate with 1031 Exchange at no costs to them. Walk-thru only subject to Sellers' acceptance. Drive by only.
**Exquisite Modern Residence in Hollywood/Hancock Park Area** *New Price!* Welcome to 848 N Las Palmas Ave, a sophisticated oasis nestled in the vibrant heart of Los Angeles, CA 90038. This stunning residence, a harmonious blend of contemporary elegance and urban allure, stands as a testament to modern luxury. *Key Features:* - **Expansive Living Space**: This newer construction (2009 & 2017) masterpiece offers a total living space of 3,474 square feet, meticulously designed to cater to every aspect of refined living. - **Main House & Detached Guest House**: The main house boasts 5 bedrooms, including dual master suites, and 5 1/2 bathrooms, while the detached guest house adds an additional bedroom and bath, ensuring ample space for both relaxation and hospitality. - **Exceptional Craftsmanship**: Upon entering through the gated entrance, guests are welcomed into a two-story foyer, setting the stage for the impeccable craftsmanship and attention to detail found throughout. - **Luxurious Amenities**: From the gourmet kitchen featuring an extra-large island with waterfall quartz countertop to the inviting living room adorned with a cozy fireplace, every corner of this residence exudes sophistication and comfort. - **Outdoor Oasis**: Step outside to discover a world of serenity and indulgence, with multiple balconies, a spacious rooftop deck, and a captivating pool and spa area offering breathtaking city lights views and a glimpse of the iconic Hollywood sign. - **Modern Convenience**: Equipped with dual AC for optimal temperature control and advanced Nest technology, this home seamlessly combines luxury with practicality, ensuring effortless living at its finest. - **Prime Location**: Ideally situated in the coveted Hollywood/Hancock Park area, residents enjoy easy access to Paramount Studios, Wilshire Country Club, shopping centers, dining destinations, cultural venues, and entertainment hotspots, promising a lifestyle of convenience and excitement. *Discover Your Urban Sanctuary at 848 N Las Palmas Ave* Indulge in the epitome of contemporary living and make this exquisite residence your own. Whether you seek a tranquil retreat for everyday living or a stylish haven for hosting memorable gatherings, this property offers endless possibilities tailored to your lifestyle needs. Embrace the allure of city living and elevate your experience at 848 N Las Palmas Ave.
Two Story mixed use building with approximately 6 - 8 on site parking spaces and about 50 ft of street frontage. Located in the heart of Hollywood located on the major corridor of Santa Monica Blvd. Within a half mile of the freeway.
Act fast on this RTI development opportunity in prime Hollywood near Melrose/Highland. Currently on the massive 6,290 SF LARD1.5 lot stands a 3-bedroom 2-bathroom single family home spanning 2,263 SF and a detached shed just two lots away from the corner. Approved plans call for the demolition of the existing structure to build four new 4-bedroom townhome style units plus a single-story 2-bedroom 2-bath ADU distributed over 7,000 SF of building square footage. All three and four bedroom floor plans boast over 1,400 SF, 1 full bathroom for each bedroom, in-unit washer/dryer, open concept kitchen/living/dining rooms, and 2 parking spaces. The 2-bedroom 2-bathroom ADU provides an impressive 952 SF. Furthermore, SB8 clearance is on hand verifying that no replacement units are required for the future development. This pocket of Hollywood is the perfect home for multifamily developments as such boasting strong connectivity to major hubs such as Larchmont Village, Hollywood at Highland, and Paramount Pictures Studios.
Presenting a unique offering in the heart of Hollywood, 816 Seward Street is a property of distinct character. This expansive establishment, owned by the co-founder of a famed music group, comprises a music studio and a residential space. Upon entering through the gated entrance, a commodious motor court with space for six cars greets you. The entryway features a lobby complete with a full bathroom. The first level is devoted to artistic pursuits, housing meticulously designed studio spaces. These encompass live rooms, vocal rooms, and a well-appointed control room, totaling five purpose-built areas that cater to various creative needs. On the upper level, you'll find a comfortable residence designed for practical living. This segment offers four rooms, as well as an office, along with three bathrooms. The space also includes a spacious living room, dining area, fully equipped kitchen, and laundry room. Adjacent to the living space is a serene patio graced by a koi pond. The interior spans 4,900 square feet, providing ample room for diverse pursuits. The property's lot size just shy of 6,800 square feet. This remarkable property offers a rare opportunity to own a piece of Hollywood history, as well as a functional haven for artistic pursuits. Don't miss the chance to explore the possibilities presented by 816 Seward Street. This major recording artist who spent writing and recording solo projects here is moving on, concentrating on making fine wine. Those who make appointments for showings will meet him and learn more about the multiple uses this compound is so well suited to accommodate, from live/work artist occupied, to any number of audio video production and post production applications
SOLD WITH RTI READY 17 units!!! Prime development opportunity in the heart of Hollywood just steps from Sunset Blvd. Zoned LAR3 , the current plan almost RTI to build 14 luxury apartments with 3 rec rooms, total 17 units.With underground level parking and a roof top deck. total 4 floors, 27 bedrooms and 27bathrooms, 20 parking space and 18 bicycle spot. Building area is 21928sq (Floor area 15236sq+parking 6692sq). The old buildings Issue the demolish permit, the house is owner occupied, ready for you to start your project after COE. As you know, this is a rapidly developing area with tons of demand. Generating high rents for apartments like these, providing a great return for the investor/ developer. Regarding all the data of this property, the buyer must go to the authoritative department to verify , the listing agent related owner.She is not responsible for the published data. House to be deliver vacant at close of escrow.
Don't miss out on this amazing opportunity to own a beautiful Duplex located in the heart of prime Hollywood. These side by side units offer the perfect combination of charm and functionality, with a spacious 2 bed/1 bath unit and a cozy 1 bed/1 bath unit. Imagine living in one and renting out the other to help offset your mortgage! The backyard is an oasis, complete with a lush garden and delicious fruit trees, providing a peaceful retreat from the hustle and bustle of the city. Plus, you can rest easy knowing that this property has been meticulously maintained, with a newer roof and updated windows. This gem won't be available for long, so schedule a visit today to see all that this fantastic home has to offer!
An opportunity awaits in Hollywood......featuring this stunning duplex. The LAR3 zoned duplex gives an owner user, investor, or developer an opportunity to build. The almost 6,000 sq foot lot gives many options to the buyer. This property can generate income in a desirable area. The duplex is 2 detached units on one lot. The property is ready to move in and is fully vacate. The duplex has hardwood floors throughout the home. There is an abundance of outdoor space. Each unit consists of 2 cozy bed rooms & 1 full bathroom. There is minimal landscaping and averages low maintenance cost.
This single family Hollywood home presents a modern exterior of clean lines, gray stucco and black trim. With one shared wall, this home offers four bedrooms, two and a half baths, a tandem garage and driveway with two spaces. A covered front porch with Ring doorbell welcomes you into the light and bright foyer, where you will find a powder bath with pedestal sink. Throughout this home, you will find wide plank oak style vinyl flooring, recessed lighting, polished chrome plumbing fixtures, white flat panel cabinets with soft close doors and drawers, and beautiful white quartz countertops. Prepare gourmet meals in the chef inspired kitchen, which includes a walk in pantry, island with bar seating and pendant lighting, and vertical subway tile backsplash. It boasts stainless steel Bertazzoni appliances, including a French door refrigerator, gas range with griddle, and dishwasher in addition to a Frigidaire microwave. Entertain in the dining area, which has a stylish decorative light fixture, or cozy up by the gas fireplace of the great room, which features a marble surround with mantel. Sliding doors beckon you out into the back yard with patio, perfect for casual outdoor dining. Just inside from the tandem garage, which is wired for an electric vehicle charging station, you'll find a convenient drop zone with bench seat for handbags, backpacks and mail. Make your way upstairs to find three secondary bedrooms plus a bath with dual sink vanity and tub shower. Linen cabinetry and shelving at the hallway are complemented by a laundry closet for side by side washer dryer. Unwind in the grand suite, which boasts an en suite bath with dual sink vanity, walk in shower with seat, and walk in closet.
INCREDIBLE TRI-LEVEL LIVE WORK LOFT ON MELROSE. This expansive, south facing creative loft (approximately 3,000 square feet with garage space included) features an open floor plan with soaring ceilings and hardwood floors, including a full kitchen with granite counters and stainless steel appliances, three bathrooms, and a large, private sun deck with a retractable awning. There is an automatic, direct-access garage with room for six tandem cars or for use as additional work space. Additional features include dual-zone HVAC, recessed lighting, security camera, and walls of dual pane windows. Easily fitting 25 plus work stations, the property is perfect for use as a creative office space, tech company, production company, entertainment or multimedia company, design or photography studio, or as a beautiful and unique home. Ideally located in the "Beverly Hills of Hollywood" near studios/entertainment companies and some of L.A.'s best shops and restaurants, this one is a rare find.
The median home value in Los Angeles, CA is $681,800. This is higher than the county median home value of $607,000. The national median home value is $219,700. The average price of homes sold in Los Angeles, CA is $681,800. Approximately 34.45% of Los Angeles homes are owned, compared to 59.14% rented, while 6.42% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90038 has a population of 3,949,776. Los Angeles 90038 is less family-centric than the surrounding county with 28.74% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Los Angeles, California 90038 is $54,501. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Los Angeles 90038 is 35.2 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 46.4 degrees. The average rainfall is approximately 16.7 inches per year, with 0 inches of snow per year.