Charming Hollywood/Highland Fourplex!
4 Unit Apartment Building | $1,890,000 ($472,500/Unit) | 3.85% Cap Rate | Los Angeles, CA 90028
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,890,000
- Property Type
-
Multifamily
- Square Feet
- 3,844 SF
Listing Contacts
Derrick Vartanian
Verified Profile
- Property Info
Property Overview
Vartanian CRE of Lyon Stahl Investment Real Estate is pleased to present 1435 N Las Palmas Ave, a beautifully remodeled 4-plex offering an incredible investment opportunity in Prime Central Hollywood. With a total square footage of 3,844 situated on a 5,150 square feet lot zoned RD1.5-1XL, these four spacious units consist of Two bedroom / Two bathroom units which also offer in-unit laundry, wood flooring, brand new plumbing, a new roof, modern electrical systems, and extensive renovations to both the kitchens and bathrooms. All units are individually metered for both gas and electricity.
1435 N Las Palmas Avenue Nestled in the vibrant heart of Hollywood, this property offers unparalleled access to the city's most iconic attractions. You’re Minutes away from the Hollywood Walk of Fame, TCL Chinese Theatre, and the bustling Hollywood & Highland Center. With a walk score of 91, you have easy access to nearby parks and recreation areas, including Griffith Park and Runyon Canyon, This property also has excellent public transportation links with proximity to the Hollywood/Vine Metro station making commuting a breeze. This unbeatable location is in Los Angeles’s most dynamic and sought after neighborhood.
1435 N Las Palmas Avenue Nestled in the vibrant heart of Hollywood, this property offers unparalleled access to the city's most iconic attractions. You’re Minutes away from the Hollywood Walk of Fame, TCL Chinese Theatre, and the bustling Hollywood & Highland Center. With a walk score of 91, you have easy access to nearby parks and recreation areas, including Griffith Park and Runyon Canyon, This property also has excellent public transportation links with proximity to the Hollywood/Vine Metro station making commuting a breeze. This unbeatable location is in Los Angeles’s most dynamic and sought after neighborhood.
Property Details
- Class
- C
- Year Built
- 1921
- Stories
- 2
- Lot Size (sq. ft)
- 5,227 SF
- Units
- 4
Highlights
- Beautifully Remodeled 4-plex In Prime Central Hollywood!
- Extensive Renovations and Amenities Package: Wood Floors, In-Unit Laundry, New Roof & Plumbing
- Centrally Located With A Walk Score Of 91 – Deemed a Walker’s Paradise
- Unparalleled Access To The City's Most Iconic Attractions, Lifestyle Amenities & Top Employers
- 8 Tandem Parking Spaces
- Potential for ADU Additions (Buyer to Verify)
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