Prime North Hollywood Investment Opportunity! Looking for a solid real estate investment? This fully rented **six-unit apartment building** offers immediate cash flow with the potential to **increase rent to market rates**. Excellent location near **shopping centers, major freeways, and the airport** - perfect for tenants seeking convenience. Stable, income-producing property with **growth potential**. Ideal for investors looking to expand their portfolio in a thriving North Hollywood market. Don't miss out on this opportunity to secure a high-demand property in a prime area! Contact us today to schedule a private showing and start maximizing your investment.
A PRIME INVESTMENT OPPORTUNITY!!!THIS IS TRULY INVESTORS DREAM TO MAKE THIS PLACE INCOME GENERATION PROPERTY. THIS CHARMING 3 BD 2 BATH HOUSE SEATS ON A LARGE SIZE LOT WHERE THE INVESTORS CAN BULID UP TO 10 PRIMARY UNITS OR LIXURY APARTMENTS. THIS NEIGHBORHOOD CONTINUES TO ATTRACT INVESTORS WITH NEARBY PROJECT AND ITS MULTIFAMILY MIXED- USE DEVELOPMENTS. THIS LOT OFFERS HUGE DRIVEWAY, A TON OF PRIVACY, AND MANY PARKING SPACES. IT HAS SPACIOUS FRONT YARD AND A HUGE BACKYARD WHERE YOU CAN PARK UP TO 10 CARS. IT IS LOCATED IN HEART OF HOLLYWOOD, NEAR SHOPS, RESTAURANTS AND MALLS.
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. One unit will be delivered vacant at close, offering a rare opportunity for an owner-user or investor to lease at market rates — currently ranging from $1,600 to $1,900/month — or move in and enjoy the unbeatable location. Tenants are responsible for their own gas and electricity, while the building covers water and trash, 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.
Hollywood is located in California. Hollywood, California has a population of 1,951,220.
The median household income in Hollywood, California is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Hollywood is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.
