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Listed by Zhu Liu • Pinnacle Real Estate Group
$ 1,870,000
Est. payment | /mo
13,635 SqFt
$ 1,870,000
Est. payment | /mo
13,635 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 13,635 sqft
Price per Sqft $137
MLS Listing ID OC-25257943
Year Built 1920
Lot Size 7,494 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
RTI ready! This Hollywood project offers an excellent investment opportunity in a high-demand rental market. Situated in the heart of Hollywood, close to major job centers, schools, and public transportation. With a modern co-living design, 45 private bedrooms, each with ensuite bathrooms—ideal for young professionals or transitional housing program. Walking distance to Netflix headquarter and near the Walk of Fame, TCL Chinese Theatre, Hollywood Bowl, Sunset Boulevard &Hollywood Nightlife , Downtown Los Angeles, and everything else Los Angeles has to offer. This is a great opportunity for housing groups specializing in student housing, young professionals entering the workforce, corporate housing, healthcare assisted living, transition and affordable housing. Tenants will enjoy all the benefits of modern living in a prime area of Hollywood near the 110 Fwy. It has a strong rental income potential, the project is positioned to generate significant returns for investors through both rental revenue and appreciation upon sale. This Hollywood Project represents a rare opportunity to invest in a new, fully entitled, high-density residential building designed for long-term rental income or resale. With a proven co-living business model, low vacancy risk, and prime Los Angeles location, this project offers investors stable cash flow and significant upside potential.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Interior
Heating Central
Fireplaces Type See Remarks
Laundry Gas Dryer Hookup
Exterior
Pool None
Community Features Biking
View Y/N No
View None
Building
Lot Description Back Yard
Sewer Private Sewer