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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$1,249,000

Est. payment - /mo

5 Beds

5 Baths

3,020 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,020 sqft

Price per Sqft $413

MLS Listing ID 24454825

Bedrooms 5

HOA Y/N No

Year Built 1921

Lot Size 7,278 Sqft

Property Description

This East Hollywood quadruplex is located in the highly desirable Melrose Hill area of Hollywood, recently rated as one of the coolest neighborhoods in the world. Walking distance to Lemon Grove Park, and close to all the studios, trendy restaurants, coffee shops and entertainment Hollywood has to offer. There are three one bedroom/one bathroom units, one of which has been entirely remodeled. There is a two bedroom/two bathroom unit, which has also been remodeled recently. This is a great opportunity for an investor or owner-occupied investor. This fourplex is in an area that is clearly moving up in value, with many brand-new apartments being constructed around this one, and we have priced it at the price of a 3-unit property!!! This is the best deal you will find in LA! East Hollywood has been in a resurgence, which makes it a great opportunity to own a property now before the prices become unattainable. The property has a recently added laundry area, and three of the units have tankless water heaters. The foundation has been bolted, along with many other upgrades, with permits. The property has been well maintained and has great upside in a great rental area.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LARD1.5

Interior

Heating Combination

Fireplaces Type Decorative

Fireplace Yes

Appliance Dishwasher

Laundry Common Area, Laundry Room

Exterior

Parking Features Driveway

Pool None

View Y/N No

View None

Roof Type Composition,Shingle

Porch Porch

Total Parking Spaces 6

Private Pool No

Building

Entry Level One

Sewer Other

Water Public

Architectural Style Spanish

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5535031015

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Special Listing Condition Standard

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Listed by Aram Yeghiayan Los Angeles Realty Company, Inc. #01700534

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

810 N Hobart BLVD Los Angeles, CA 90029

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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