CA > Los Angeles
Los Angeles, CA 90038,954 N Van Ness AVE
Los Angeles, CA 90038,954 N Van Ness AVE
Los Angeles, CA 90038,954 N Van Ness AVE
Los Angeles, CA 90038,954 N Van Ness AVE
Los Angeles, CA 90038,954 N Van Ness AVE
Los Angeles, CA 90038,954 N Van Ness AVE
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Gatehouse Properties

Gatehouse Properties

+1(714) 743-9882
$ 2,795,000
Est. payment | /mo

10,166 Sqft Lot

Save
$ 2,795,000
Est. payment | /mo
Save

10,166 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24190001

HOA Y/N No

Year Built 1924

Lot Size 10,166 Sqft

Property Description

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!

Location

State CA

County Los Angeles

Area C20 - Hollywood

Interior

Fireplace No

Laundry None

Exterior

Carport Spaces 6

Pool None

Community Features Sidewalks

Total Parking Spaces 9

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5536015018

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Freddie Mac, Owner May Carry, Private Financing Available

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Freddie Mac, Owner May Carry, Private Financing Available

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Alex Mehdiani • California Prime Realty, Inc. • 8182528552
agent-avatar

+1(714) 743-9882

info@gatehouseproperties.com

Costa Mesa, CA, 92626, United States

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954 N Van Ness AVE

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