Property Detail
Description
9 units for sale - 8 units NON-LA RENT CONTOL - Increase 8% immediately 11.3 GRM 6.2 Cap Rate 9 units total - Hollywood Hills - Quiet street, up-market neighborhood 8 units not subject to city of LA Rent Control (Certificates of Occupancy after 1981) 2 buildings totaling +/- 8,632 sq ft Lot zoned R3/TOC Tier 3 - +/- 10,222 sq ft - room for ADU's - Excellent condition, beautifully maintained, highly secure w/gated entry - Unit mix: (1) three bed two bath (owners' unit) (2) two bedroom two bath (6) one bedroom - West building (built 1912, 1981 and 1983) three units: (1) three bedroom two bath and (2) one bedroom units (one beds no LA RSO) - East building(built 2008) six units - (2) two bed two bath and (4) one bed one bath (all six units non LA RSO); 5.7 megawatt solar system; elevator; each unit has central air, balconies and washer/dryer, real hardwood floors - Three bed unit (owners') and (2) one bed units will be delivered vacant (calculated at accurate market rent in investment analysis) - 17 secure, covered parking spaces behind automatic gate (one for each bed plus four) - Must see - PLEASE DO NOT ENTER PROPERTY W/OUT BROKER OR DISTURB TENANTS.
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Listing provided courtesy of Michael Hayes of Keller Williams Los Angeles. Last updated 2025-12-20 09:11:17.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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