UPDATED:
12/05/2024 05:07 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24223826
HOA Y/N No
Year Built 1924
Lot Size 8,258 Sqft
Property Description
The property is situated in the vibrant East Hollywood area of Los Angeles and is just one block away from Normandie Ave. and Santa Monica Blvd. This provides easy access to DTLA, the 101 Freeway, and public transportation. The neighborhood is known for its tree lined streets. Los Angeles City College, Barnsdall Art Park, and several large hospitals are nearby, adding to the location’s appeal.
The property consists of four units, with the front unit having two bedrooms and one bathroom, and the other three units each having one bedroom and one bathroom. With long-term, good paying tenants already in place, it presents a solid covered land opportunity. The property’s proximity to key amenities and zoning make it an excellent candidate for current and/or future development.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Sidewalks, Urban
Total Parking Spaces 2
Private Pool No
Building
Lot Description 16-20 Units/Acre, 11-15 Units/Acre, 2-5 Units/Acre, 21-25 Units/Acre, 26-30 Units/Acre, 36-40 Units/Acre, 31-35 Units/Acre, 6-10 Units/Acre, Level, Rectangular Lot
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5538001021
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Special Listing Condition Standard