$2,795,000
- Beds
- Unknown
- sq ft
- Unknown
954 N Van Ness Ave, Los Angeles, CA 90038
954 N Van Ness Ave
Los Angeles, CA 90038
- 104 days on market
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!
Details
Property type
Mixed Use
Lot size
0.2334 acres
Price per sq ft
Unknown
Year built
1924
Price History
09/12/2024
CRMLS #SR24190001
Listed
$2,795,000
Schools & Community
Neighborhood:
Hollywood
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Sidewalks
Community features:
Sidewalks
Status: Active
Tomo last checked: 12/24/2024 at 5:45 PM
Listing updated: 12/04/2024 at 9:26 PM
Listed by: Alex Mehdiani, California Prime Realty, Inc. Phone #: (818) 252-8552
MLS: CRMLS #SR24190001
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