Property listed by REMAX COMMERCIAL & INVESTMENT REALTY, Robert Renshaw 310-802-2500
$1,050,000
We are pleased to present 7360 Hollywood Boulevard, a charming four-unit investment opportunity located along a historic and highly desirable stretch of Hollywood Blvd in the heart of Los Angeles. Built in 1921, this character-rich property spans approximately 5,100 square feet of gross living area on a 6,383 square foot… Read More lot and is zoned R3, offering both current income and future upside potential. The property features four oversized 2-bedroom, 1-bathroom residences, each filled with natural light and timeless architectural charm. Select units retain beautiful period details including crown molding, traditional fireplaces, vintage kitchen and bathroom tiles, original cabinetry, arched doorways, and hardwood flooring, creating an authentic and highly desirable rental product rarely found in today's market. One unit is currently vacant, presenting an exceptional owner-user or value-add opportunity for investors looking to occupy a unit or reposition the property through strategic renovations and rent growth. The asset also offers the convenience of garage parking for all units, a highly attractive amenity in this urban infill location. 7360 Hollywood Boulevard is superbly located within a short distance of iconic Hollywood attractions including Runyon Canyon Park, the Hollywood Walk of Fame, TCL Chinese Theatre, Hollywood & Highland (Ovation Hollywood), and a wide array of dining, nightlife, and entertainment destinations. Residents benefit from immediate proximity to major studios, creative offices, and transit options that define the Hollywood lifestyle. Offered at just over $1,000,000, 7360 Hollywood Boulevard represents a rare opportunity to acquire a high-character, vintage fourplex with significant rental upside and long-term appreciation potential at a highly attractive cost basis in one of Los Angeles' most globally recognized neighborhoods. Read Less
Listing Snapshot
Days Online
4
Last Updated
Beds
8
Square Ft.
5,100
Lot Size
0.15 Acres
Year Built
1921
MLS Number
25625689
Additional Details
Appliances & Equipment
DoubleOven
Building
Built in 1921, Living area: 5100.0, 1 building, 2 stories, Levels: Two
Income
Gross Income: $97,248, Net Operating Income: $51,652
Lot
0.1466 acres
Parking
5 total parking spaces, Carport
Taxes
Parcel Number: 5550015008, Zoning: LAR3
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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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