3143 Hollycrest Drive, Los Angeles, CA 90068 (MLS # 24346183)
We are pleased to present the opportunity to acquire 3143 Hollycrest Drive, a charming four-unit apartment building in the Hollywood Hills. Built in 1954, the two-story property sits on a 6,439 square foot lot with 2,998 square feet of rentable space and is comprised of four one-bed/one-bath units with private patios and on-site laundry. The property provides tenants with on-site parking and gated entry. The property will be delivered with one vacant unrenovated unit that can be remodeled and rented out at market rate or occupied by an owner/user. Only one unit has been lightly renovated at this property, which boasts a tremendous opportunity for a new investor to add significant value to this property over the course of ownership. Units 1 and 2 are larger floorplans that are identical with larger living rooms and a dining area. Unit 2 and 3 are slightly smaller floorplans and have a dining area as well. Units 3 and 4 both come with high ceilings that allow for lots of light and a very spacious feel for tenants. Only one long-term tenant occupies this property, and their rent is over $2200 per month.
Property Type(s):
Residential Income
|
Last Updated
|
4/19/2024
|
Year Built
|
1954
|
|
Community
|
Hollywood Hills East
|
County
|
Los Angeles
|
Price History
|
Prior to Apr 19, '24
|
$1,600,000 |
| Apr 19, '24 - Today |
$1,500,000 |
Additional Details
| APPLIANCES |
Gas Oven |
| AREA |
Hollywood Hills East |
| BUYER'S BROKERAGE COMPENSATION |
2.000 % |
| GARAGE |
Covered |
| HEAT |
Wall Furnace |
| INTERIOR |
Ceiling Fan(s) |
| LOT |
6439 sq ft |
| PARKING |
Covered |
| STORIES |
2 |
| WATER |
Public |
| ZONING |
LARD1.5 |
Location
Listed with Marcus & Millichap
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/2/24 9:12 AM PDT and /or other sources. 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
This IDX solution is (c) Diverse Solutions 2024.
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