901 N El Centro Avenue, Hollywood, CA 90038
List Price: $950K
Listing Status: Active
Original List Price: $1.2M
0Days on Market: 260
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1924
Lot Size: 4,151 sq ft
Private Pool: Yes
MLS Number: SR25168311
About This Property
Charming 5-Unit Multifamily Property in Prime Hollywood Location – Value-Add Opportunity! Unlock the potential of this well-maintained 5-unit multifamily property located in the heart of Hollywood, just moments from the iconic Hollywood Strip, major studios, popular restaurants, bars, grocery stores, and the vibrant Larchmont Village. Each unit features 1 bedroom and 1 bathroom, with three units being recently updated with fresh paint, new flooring, and modernized bathrooms. Tenants are responsible for trash, gas, and electricity, while the building covers water only, keeping operating costs low. This property also offers significant upside potential, with expansion possibilities by building upward (buyer to verify), maximizing long-term value in one of LA’s most desirable rental markets. Conveniently located near Larchmont Village, Hancock Park, Melrose, Fairfax, and West Hollywood, this property is a standout investment with strong income potential and development possibilities.
Listing provided by: Ricardo Velasquez DRE #01783509 818-884-5155 rick@LRSRM.COM, LRS Realty & Management Inc.
Source: CRMLS, MLS #: SR25168311
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.