7504 Hollywood

    Los Angeles (City), CA 90046
    • $4,500,000
    • STATUS: Active
    • ON SITE: 46 days
    • ID#: 18351020
    UPDATED: 212 min ago
    $4,500,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,810
      SQFT
    • $381
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1951
    County:

    School Ratings & Info

    Description

    7504 Hollywood Blvd. is a twelve (12) unit multi-family property located on the corner of N. Gardner St. & Hollywood Blvd. The property consists of eight (8) 1BR + 1 Bath units & four (4) 2 BR + 1 Bath units. The current rents are below market and the property has approximately 20% upside in its current rents and is within walking distance to Runyon Canyon and is very close to the many high-end restaurants and attractions on Hollywood Blvd. The property can be purchased individually for $4,500,000 or part of the four property portfo0lio on Hollywood Blvd; 7200 Hollywood Blvd., 7407 Hollywood Blvd. and 7451 Hollywood Blvd.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-21T00:30:57.283. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/84245154

    7504 Hollywood Los Angeles (City), CA 90046

    • Price: $4,500,000
    • Status: Active
    • Updated: 212 min ago
    • ID#: 18351020
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    11,810
    SQFT
    $381
    $/SQFT
    1951
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    7504 Hollywood Blvd. is a twelve (12) unit multi-family property located on the corner of N. Gardner St. & Hollywood Blvd. The property consists of eight (8) 1BR + 1 Bath units & four (4) 2 BR + 1 Bath units. The current rents are below market and the property has approximately 20% upside in its current rents and is within walking distance to Runyon Canyon and is very close to the many high-end restaurants and attractions on Hollywood Blvd. The property can be purchased individually for $4,500,000 or part of the four property portfo0lio on Hollywood Blvd; 7200 Hollywood Blvd., 7407 Hollywood Blvd. and 7451 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 3.76 Gross Multiplier 16.52 Gross Operating Income 271788.00 Improvements Amount 1501554 Land Value 2071110 Laundry YN Yes Net Operating Income 169339.00 Special Listing Conditions Standard Total Expenses 94850.00 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 2018-07-21T00:30:57.283. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
    Team Tami | Palm Realty Boutique
    7101 Playa Vista Dr.
    Playa Vista CA, 90094