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7471 Hollywood

Los Angeles (City), CA 90046
  • $3,845,000
  • STATUS: Closed
  • ON SITE: 463 days
  • ID#: 20572642
Sold - 07/10/2020
$3,845,000
SOLD - 07/10/2020
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Description

Impeccably maintained, 10 unit property in very desirable, high rental demand area of Hollywood. West of LaBrea, east of Fairfax. Minutes to Sunset Strip, Hollywood/ Highland and Runyon Canyon. Beautifully updated building and large spacious units. 9 out of the 10 unit been completely redone, with beautiful hardwood wood floors, new cabinetry, fixtures and appliances. All units have central heating and air. Individually metered for gas and electric. Still some upside in rent on pro forma. Very easy to manage.

Sold by Subscriber Non of Non-Participant Office.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-29T15:35:00.493. 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 or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
www.playavistaliving.com/homes/105238444
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7471 Hollywood Los Angeles (City), CA 90046

  • Price: $4,150,000
  • Status: Closed
  • Updated: 69 min ago
  • ID#: 20572642
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1950
Built
Neighborhood:
C03 - Sunset Strip - Hollywood Hills West
County:
Los Angeles
Area:
C03 - Sunset Strip - Hollywood Hills West
Property Description
Impeccably maintained, 10 unit property in very desirable, high rental demand area of Hollywood. West of LaBrea, east of Fairfax. Minutes to Sunset Strip, Hollywood/ Highland and Runyon Canyon. Beautifully updated building and large spacious units. 9 out of the 10 unit been completely redone, with beautiful hardwood wood floors, new cabinetry, fixtures and appliances. All units have central heating and air. Individually metered for gas and electric. Still some upside in rent on pro forma. Very easy to manage.
Exterior Features

Architectural Style Cape Cod Entry Location Ground Level W/Steps Garage Spaces 8.00 Lot Size Units Square Feet Parking Features Gated Parking Total 8.00 Parking YN Yes View City Lights View YN Yes

Interior Features

Appliances DishwasherMicrowaveRefrigerator Appliances YN Yes Cooling Central Air Cooling YN Yes Flooring Wood Heating Central Heating YN Yes Interior Features Intercom Levels Two

Property Features

Gross Income 262000.00 Gross Multiplier 15.80 Gross Operating Income 254000.00 Net Operating Income 161344.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 92800.00 Vacancy Allowance Rate 0.00 Zoning Lar3

Listing provided courtesy of Jessica Barouch of Keller Williams Studio City


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-29T15:35:00.493. 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 or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
 
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