Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 16 BR |
| Bathrooms: | 8 |
| Area: | 6487 sq ft |
| Lot Size: | 0.15 Acres |
FinancialsPrice:$2,650,000
Price:$2,650,000
Listing Courtesy of Marcus & Millichap
DescriptionThis rare, non-RSO Hollywood property on the market for the first time from the original developer features all two-bedroom, townhouse style units built in 2005 (with a CofO issued in 2009). The building includes 14 parking spaces, a newer roof (2021), and an on-site laundry facility, with two units delivered vacant. Two units are designated as low-income until 2035. Not subject to LA rent control but under AB1482, it currently allows for 8% annual rent increases, offering a strong value-add opportunity through adding HVAC and in-unit laundry upgrades. Ideally located near the Metro B Line (Hollywood/Vine) and major corridors like Vine, Santa Monica, Sunset, and Hollywood Blvd, this asset provides easy access to the 101 freeway and the vibrant Hollywood commercial district. Situated in a prime Hollywood location, this 2005-built asset is not subject to LA rent control (subject to AB1482) and has strong rental upside by upgrading the units with modernized amenities.NeighborhoodMore listings:
This rare, non-RSO Hollywood property on the market for the first time from the original developer features all two-bedroom, townhouse style units built in 2005 (with a CofO issued in 2009). The building includes 14 parking spaces, a newer roof (2021), and an on-site laundry facility, with two units delivered vacant. Two units are designated as low-income until 2035. Not subject to LA rent control but under AB1482, it currently allows for 8% annual rent increases, offering a strong value-add opportunity through adding HVAC and in-unit laundry upgrades. Ideally located near the Metro B Line (Hollywood/Vine) and major corridors like Vine, Santa Monica, Sunset, and Hollywood Blvd, this asset provides easy access to the 101 freeway and the vibrant Hollywood commercial district. Situated in a prime Hollywood location, this 2005-built asset is not subject to LA rent control (subject to AB1482) and has strong rental upside by upgrading the units with modernized amenities.
More listings:
6136 Eleanor Ave 16BR Hancock Park La
DescriptionThis rare, non-RSO Hollywood property on the market for the first time from the original developer features all two-bedroom, townhouse style units built in 2005 (with a CofO issued in 2009). The building includes 14 parking spaces, a newer roof (2021), and an on-site laundry facility, with two units delivered vacant. Two units are designated as low-income until 2035. Not subject to LA rent control but under AB1482, it currently allows for 8% annual rent increases, offering a strong value-add opportunity through adding HVAC and in-unit laundry upgrades. Ideally located near the Metro B Line (Hollywood/Vine) and major corridors like Vine, Santa Monica, Sunset, and Hollywood Blvd, this asset provides easy access to the 101 freeway and the vibrant Hollywood commercial district. Situated in a prime Hollywood location, this 2005-built asset is not subject to LA rent control (subject to AB1482) and has strong rental upside by upgrading the units with modernized amenities.NeighborhoodMore listings:
This rare, non-RSO Hollywood property on the market for the first time from the original developer features all two-bedroom, townhouse style units built in 2005 (with a CofO issued in 2009). The building includes 14 parking spaces, a newer roof (2021), and an on-site laundry facility, with two units delivered vacant. Two units are designated as low-income until 2035. Not subject to LA rent control but under AB1482, it currently allows for 8% annual rent increases, offering a strong value-add opportunity through adding HVAC and in-unit laundry upgrades. Ideally located near the Metro B Line (Hollywood/Vine) and major corridors like Vine, Santa Monica, Sunset, and Hollywood Blvd, this asset provides easy access to the 101 freeway and the vibrant Hollywood commercial district. Situated in a prime Hollywood location, this 2005-built asset is not subject to LA rent control (subject to AB1482) and has strong rental upside by upgrading the units with modernized amenities.
More listings:
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
