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$2,795,000

Beds
Unknown
sq ft
7,669

954 N Van Ness Ave, Los Angeles, CA 90038

954 N Van Ness Ave

Los Angeles, CA 90038

  • 8 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

$365

Year built

1924

Price History

09/12/2024
CRMLS

CRMLS #SR24190001

Listed
$2,795,000

Schools & Community

Neighborhood: 

Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Status: Active

Tomo last checked: 09/19/2024 at 9:30 PM

Listing updated: 09/14/2024 at 5:06 PM

Listed by: Alex Mehdiani, California Prime Realty, Inc. Phone #: (818) 252-8552

MLS: CRMLS #SR24190001

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