7451 Hollywood

    Los Angeles (City), CA 90046
    • $3,895,000
    • STATUS: Closed
    • ON SITE: 135 days
    • ID#: 18350960
    Sold - 09/12/2018
    $3,895,000
    SOLD - 09/12/2018
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,494
      SQFT
    • $339
      $/SQFT
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    7451 Hollywood Blvd. is a twelve (12) unit multi-family property located on the corner of N. Vista & Hollywood Blvd. The property consists of six (6) 1 BR + 1 Bath & six (6) 2 BR + 2 Bath units. The property has approximately 40% upside in its current rents and is in close proximity to many of the high-end restaurants and attractions that Hollywood Blvd. has to offer. 7451 Hollywood Blvd. can be purchased individually for $3,950,000 or as part of the four (4) apartment portfolio on Hollywood Blvd.; 7504 Hollywood Blvd., 7407 Hollywood Blvd. & 7200 Hollywood Blvd.

    Sold by Errol Spiro of Miller & Desatnik Realty Co..

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-18T22:30:08.553. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/84245289

    7451 Hollywood Los Angeles (City), CA 90046

    • Price: $3,950,000
    • Status: Closed
    • Updated: 18 min ago
    • ID#: 18350960
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    11,494
    SQFT
    $339
    $/SQFT
    1950
    Built
    Neighborhood:
    C03 - Sunset Strip - Hollywood Hills West
    County:
    Los Angeles
    Area:
    C03 - Sunset Strip - Hollywood Hills West
    Property Description
    7451 Hollywood Blvd. is a twelve (12) unit multi-family property located on the corner of N. Vista & Hollywood Blvd. The property consists of six (6) 1 BR + 1 Bath & six (6) 2 BR + 2 Bath units. The property has approximately 40% upside in its current rents and is in close proximity to many of the high-end restaurants and attractions that Hollywood Blvd. has to offer. 7451 Hollywood Blvd. can be purchased individually for $3,950,000 or as part of the four (4) apartment portfolio on Hollywood Blvd.; 7504 Hollywood Blvd., 7407 Hollywood Blvd. & 7200 Hollywood Blvd.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Other Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 3.42 Gross Multiplier 17.77 Gross Operating Income 221792.00 Improvements Amount 942698 Land Value 2112490 Laundry YN Yes Net Operating Income 134919.00 Special Listing Conditions Standard Total Expenses 80773.00 Zoning Lar3

    Listing provided courtesy of Errol Spiro of Miller & Desatnik Realty Co..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-18T22:30:08.553. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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    7101 Playa Vista Dr.
    Playa Vista CA, 90094