954 N Van Ness Avenue
Los Angeles, CA 90038
Active for $2,795,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 10,166 sqft
| MLS | SR24190001 |
| Year Built | 1924 |
| Property Type | Mixed Use |
| County | Los Angeles |
| Status | Active |
| Active | $2,795,000 |
| Structure Size | N/A sqft |
| Lot Size | 10,166 sqft |
| Beds | N/A |
| Baths | N/A |
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. Whether you're seeking a consistent income or an investment for appreciation, this 12-unit building offers an exceptional opportunity to be part of Hollywood's thriving community. Come experience the blend of comfort, style, and convenience that this income-producing property has to offer!
Listing information courtesy of: Alex Mehdiani, California Prime Realty, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Maricela Alvarado And Associates
REALTOR®
Direct: 818.298.3223
Email: Email Me
DRE: 01932276
DRE #01873088
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