6640 Leland Way 7BR Hollywood Hills East La

AMAZING DEAL apraised for $1,520,000 in 2021. Current Sellers paid $1,450,000 in 2016. This is a great buy and hold property. You will have INSTANT EQUITY at this price. Recently fell out of escrow. This is An exceptional opportunity to own a piece of old Hollywood charm. This one of a kind colonial style 5-unit property is perfect for owner-occupiers, first-time investors, builders, developers, or 1031 exchange buyers. The largest 1 bed lbath unit is over 1,000 sq ft has a wrap around front deck and private patio. The second 1 bed 1 bath unit has an additional loft area and private patio. Nestled right in the vibrant heart of Hollywood, you'll be steps away from the unique and best it has to offer such as the iconic Sunset Strip, Hollywood Walk Of Fame, bustling sightseeing, art, nightlife, dining and shopping. Great walkability, access to public transportation and freeway. This prime location offers incredible potential with possible room for an ADU at the rear. Don't miss out on this rare gem in one of LA's most famous sought-after neighborhoods! This deal should not last!!! All offers must be subject to interior inspection.