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Listed by Edgar Castro • Park Regency Realty
$ 2,499,999
Est. payment /mo
Active
1250 Gordon Street Los Angeles, CA 90038
4,260 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,260 sqft
Price per Sqft $586
MLS Listing ID CRSR25125513
HOA Y/N No
Year Built 1960
Lot Size 6,492 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
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.
Location
State CA
County Los Angeles
Interior
Heating Floor Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Carpet, See Remarks
Fireplace No
Laundry Other
Exterior
View None
Handicap Access Other
Building
Lot Description Level, Other
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