Property listed by Miller & Desatnik Realty Co., Errol Spiro 310-202-9166
$1,499,000
1539 Gordon Avenue is a well maintained Duplex on a large 6,505 sq. ft. lot, in one of Hollywood's most coveted locations. The property is well positioned on Gordon Street between the iconic Sunset Strip and Hollywood Boulevard. The Duplex comprises a front unit with 3 bedrooms and 2… Read More bathrooms, complemented by a well-appointed rear unit featuring 2 bedrooms and 2 bathrooms. Current rental income for the front unit is $2,902 monthly and the rear unit is receiving $2,277 a month in rent. The large 6,605 sq. ft. lot which is zoned (Q) LAR4 presents extraordinary NEW DEVELOPMENT opportunities. Developers can capitalize on multiple possibilities such as new multi-family construction, small lot subdivisions or ED1 projects. Additionally, the mid-lot garage presents compelling potential for ADU conversion, further enhancing income opportunities. Whether you're a developer, investor, or owner-occupant, 539 Gordon Street delivers multiple pathways to success. Read Less
Listing Snapshot
Days Online
43
Last Updated
Property Type
Other
Beds
5
Square Ft.
1,962
Lot Size
0.15 Acres
Year Built
1913
MLS Number
25562333
30 Days Snapshot Of 90028
$935k
+10%
(avg) sold price
1
-80%
home sold
98
-13%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator
Building
Built in 1913, Building area total: 1,962, Levels: One, Living area: 1962, 1 story, 1 building
Cooling
WallWindowUnits
Heating
WallFurnace
Income
Gross income: $62,148, Net operating income: $35,284
Lot
0.1516 acres, 6,605 square feet, Size: 6,605
Parking
4 totals parking, Garage
Property
Zoning: LAR4
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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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