Property listed by The Beverly Hills Estates, Jennifer Saginor 310-626-4248
$2,695,000
Charming Hollywood Regency! Four-Plex in Prime Hollywood Location. Nestled in one of Hollywood's most coveted neighborhoods, this elegant Hollywood Manor-style Four-Plex presents a fantastic investment opportunity just steps from Paramount Studios. Set on a spacious 6,485-square-foot lot, the property offers four generously-sized units, totaling 4,632 square feet of living space.… Read More Each unit features two bedrooms and two bathrooms, with stylish hardwood floors, modern stainless steel appliances, and in-unit washers and dryers.The second-floor units enjoy the added bonus of a private, expansive BBQ patio with stunning viewsperfect for entertaining or relaxing in the California sunshine. The first-floor units are bright, filled with natural light, with an extended indoor space ideal for a home office or extra living area.Exceptional Value-Add Potential: The property is primed for growth, with the possibility to add an Accessory Dwelling Unit (ADU) or expand with additional units (buyer to verify). This provides an excellent opportunity to increase rental income or pursue future redevelopment. Currently, the property offers solid rental income with significant upside potential through rent increases and ADU development in the rear.Its prime location just moments from Larchmont Village, Paramount Studios, and Hollywood's iconic attractions ensures consistent tenant demand and long-term value appreciation. Whether you're looking to diversify your portfolio or capitalize on the thriving Hollywood market, this Four-Plex is an outstanding opportunity for savvy investors. Read Less
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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