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1250 Gordon Street — Los Angeles | Belmont Brokerage | Belmont Brokerage

Active

+16 more

$1,699,900

277 DOM

— bd— ba— sqft

Call

1250 Gordon St Los Angeles, CA 90038

6,492sqft lot

Hollywood Investment Gem – 7-Unit Value-Add with Upside Rent Potential Now available: a rare multifamily investment opportunity in the heart of Hollywood, ideally located between Santa Monica Blvd and Sunset Blvd, with Fountain Ave as the cross street Add a high-potential asset to your portfolio in one of Los Angeles’ most in-demand rental submarkets. 7 Total Units: • (1) Two-Bedroom, Two-Bath • (4) One-Bedroom, One-Bath • (2) Studio Units Reliable income from 5 out of 7 units, while upgrading remaining units to achieve full market rates. The interiors are slightly dated, but the spacious layouts and solid construction offer a perfect cosmetic value-add opportunity. Light updates will easily elevate the property and restore its classic Hollywood charm.Located in a high-demand, walkable neighborhood, just steps from studios, nightlife, and transit. Long-term appreciation and income upside make this a smart play for savvy investors.

MLS SR25125513

818-363-6116 (Office) homes@edgarmcastro.com

Est. payment

$10,863/mo

Principal & interestTaxesInsurance

$8,596$1,771$496

Down %

Rate %

Years

Down payment: $339,980 · Total cost: $3,434,403

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$10,863/mo

Principal & interest: $8,596
Est. property tax: $1,771
Est. insurance: $496
Down payment: $339,980

Est. gross rent$7,083/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-3,780/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Jun 4, 2025	$2,499,999	—

Facts & Features

Transaction Data

▼Price Reduced from $2,499,999 (−$800,099)

Structure & Property

Year Built1960

818-363-6116 (Office) homes@edgarmcastro.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

1250 Gordon Street, Los Angeles, CA 90038

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Call

1250 Gordon St Los Angeles, CA 90038

About this home

Edgar Castro

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Edgar Castro

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

1250 Gordon Street, Los Angeles, CA 90038

About This Property

Property Photos

1250 Gordon St Los Angeles, CA 90038

About this home

Edgar Castro

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Edgar Castro

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.