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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26216524
Construction Status Fixer
HOA Y/N No
Year Built 1922
Lot Size 7,701 Sqft
Property Sub-Type Quadruplex
Property Description
Located in the heart of Hollywood's Afton Square neighborhood, this classic 1920s Mediterranean-style quadraplex presents a rare opportunity to acquire a large R3-zoned multifamily property with significant upside potential. Situated just minutes from the Hollywood Walk of Fame and directly across from Sunset Gower Studios' Stage 9, the property offers an exceptional location for investors, owner-users and developers alike.
The approximately 7,700-square-foot lot features a character-rich four-unit building with approximately 5,746 square feet of interior space. Each spacious unit offers 2 bedrooms and 1 bath, with oversized interiors, high ceilings, crown molding and the architectural character associated with Hollywood's classic apartment buildings.
Two units are currently ready for rehabilitation, providing an immediate opportunity for a new owner to renovate and reposition the vacant units. The remaining two units are occupied.The property is zoned LAR3, offering potential for future development or expansion. The site may also present opportunities for additional accessory dwelling units or other residential improvements under applicable current City of Los Angeles and California regulations. Buyer to independently verify all zoning, development, ADU, SB 79, density, parking, historic-resource, RSO and other development requirements with the appropriate governmental agencies and qualified professionals.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Interior
Interior Features Multiple Staircases, All Bedrooms Down
Heating None
Cooling None
Flooring Vinyl, Wood
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range
Laundry None
Exterior
Parking Features Concrete, Driveway, Tandem, Uncovered
Fence None
Pool None
Community Features Curbs
Utilities Available Electricity Connected, Natural Gas Connected
View Y/N No
View None
Roof Type Flat
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Corner Lot
Faces South
Story 2
Entry Level Two
Sewer Unknown
Water Public
Architectural Style Mediterranean
Level or Stories Two
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 5546021008
Security Features Window Bars
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Trust
MORTGAGE CALCULATOR
NEARBY SCHOOL & BUSINESS
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