1645 Courtney Avenue, Los Angeles, CA 90046 (MLS # 24373435)
1645 Courtney Avenue and 7706 Hollywood Blvd are being offered for sale for the first time in over 50 Years!The offering consists of 22 Units and 17,580 of rentable living space located in the heart of Hollywood just off of Nichols Canyon. This unique rarely traded asset is situated in one of the most desirable rental markets in Los Angeles adjacent West Hollywood. There is an excellent unit mix consisting of Six 2 Bedroom / 1 Bathroom, fourteen 1 Bedroom / 1 Bathroom & Two Studio Units which is very desirable for today's rental market. Furthermore, 12 Units are being delivered Vacant at the close of escrow! This is a unique opportunity for a savvy investor to acquire a value-add property and immediately recognize it's potential. Additionally, the properties sit on a large 20,307 sf lot split between two parcels to prevent against ULA Tax for a potential exit strategy.
Property Type(s):
Residential Income
Last Updated
|
3/27/2024
|
Year Built
|
1949
|
Community
|
Hollywood
|
County
|
Los Angeles
|
Additional Details
AIR |
Wall/Window Unit(s) |
AIR CONDITIONING |
Yes |
AREA |
Hollywood |
BUYER'S BROKERAGE COMPENSATION |
2.000 % |
GARAGE |
Driveway Down Slope From Street |
HEAT |
None |
LOT |
9936 sq ft |
PARKING |
Driveway Down Slope From Street |
STORIES |
2 |
ZONING |
LAR3 |
Location
Listed with Lyon Stahl Investment Real Estate, Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of 4/28/24 11:56 PM 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
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