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$ 2,495,000
Est. payment | /mo
6,716 Sqft Lot
$ 2,495,000
Est. payment | /mo
6,716 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24221483
HOA Y/N No
Year Built 1928
Lot Size 6,716 Sqft
Property Description
This fully-occupied income producing property is located north of the world famous Sunset Blvd (Sunset Strip) and features (4) four distinct fully-rented units on a 6,718 Square feet R4 zoned lot, offering unparalleled potential for continued rental income or redevelopment. The Unit mix consists of One 2+2+Den, One 2+1.5, One 1+1+Den and one 1+1 units.
The potential for Redevelopment is immense with the R4 zoning, A+ Location, Breathtaking views and Expansive Lot Size. Whether you envision modern luxury condos, exclusive high-end townhomes or multi-family apartments, the possibilities with this property are endless. The area is a hot bed for redevelopment.
This subject property boasts stunning views, serene surroundings and is located close to the vibrant heart of West Hollywood, Los Angeles and Beverly Hills. The subject property is right below the coveted Bird streets and Trousdale Estates which feature homes in the tens of millions of dollars. Sunset Boulevard in West Hollywood is a dynamic mix of culture, entertainment and luxury, making it a must-visit destination in Los Angeles. Some of the highlights of the Sunset Strip in West Hollywood include iconic destinations such as The Roxy Theater, The Viper Room, Chateau Marmont, The Comedy Store, Sunset Plaza, Whiskey A Go Go, Skybar at Mondrian along with many iconic hotels. This is an incredible opportunity to any astute investor to acquire a generational property. Location! Location! Location!
The potential for Redevelopment is immense with the R4 zoning, A+ Location, Breathtaking views and Expansive Lot Size. Whether you envision modern luxury condos, exclusive high-end townhomes or multi-family apartments, the possibilities with this property are endless. The area is a hot bed for redevelopment.
This subject property boasts stunning views, serene surroundings and is located close to the vibrant heart of West Hollywood, Los Angeles and Beverly Hills. The subject property is right below the coveted Bird streets and Trousdale Estates which feature homes in the tens of millions of dollars. Sunset Boulevard in West Hollywood is a dynamic mix of culture, entertainment and luxury, making it a must-visit destination in Los Angeles. Some of the highlights of the Sunset Strip in West Hollywood include iconic destinations such as The Roxy Theater, The Viper Room, Chateau Marmont, The Comedy Store, Sunset Plaza, Whiskey A Go Go, Skybar at Mondrian along with many iconic hotels. This is an incredible opportunity to any astute investor to acquire a generational property. Location! Location! Location!
Location
State CA
County Los Angeles
Area C03 - Sunset Strip - Hollywood Hills West
Zoning WDR4*
Interior
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Laundry See Remarks
Exterior
Pool None
Community Features Mountainous, Sidewalks, Urban
Roof Type Composition,Shingle
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5560023032
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Kunal Sethi • Sync Brokerage, Inc. • 818-614-4380