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This 4-unit multifamily property is an excellent investment opportunity in the highly sought-after Hollywood and Hancock Park adjacent area of Los Angeles. Situated amidst multi-million dollar homes and in close proximity to popular landmarks such as Paramount Studios, The Grove, and The Hollywood Walk of Fame, the property boasts a prime location. Additionally, it is conveniently located near Melrose Avenue's trendy shops and restaurants, including Osteria Mozza, Petit Trois, the Cat & Fiddle, California Chicken Cafe, and Starbucks. Each unit in the property features central air and heat, a separate water heater, and individual gas and electricity meters. The unit configuration is as follows: Unit 1 has 3 bedrooms and 2 bathrooms, Unit 2 has 1 bedroom and 1 bathroom, Unit 3 features 2 bedrooms and 1 bathroom along with a private balcony and spacious floorplan, and Unit 4 is a 1-bedroom, 1-bathroom ground-floor unit with a basement and washer/dryer hookups. With its attractive location and desirable features, this property presents a promising investment opportunity. Property is close to to Famous Pinks Hot Dogs.
Listing agent: Arthur Chalekian DRE #01982432 arthur@efprealty.com, Listing office: JohnHart Real Estate
MLS data updated 11/3/2026, 12:11:08 AM PT
Source: CRMLS, MLS #: GD23047431
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 7, 2023
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,600,000Closed sale · Jun 7, 2023ZIP 90038 · Jun 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.