1211 Tamarind Ave
LOS ANGELES, CA 90038

Property

Ownership: For Sale
Bedrooms: 10 BR
Bathrooms: 8
Area: 6506 sq ft
Lot Size: 0.2 Acres

Financials

Price:$5,200,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Marcus & Millichap

1211 Tamarind Ave 10BR Hancock Park La

Description

We are pleased to present a thirty-two (32) unit portfolio located at 1211-1227 Tamarind Ave in Los Angeles, California. The subject property is located in a prime Hollywood location, just south of Sunset Blvd and east of Vine St. Located in Hollywood, 12111227 Tamarind Avenue presents four adjacent apartment buildings offered as a portfolio for the first time in 50 years. The properties occupy over 26,000 square feet of combined land and offer approximately 30% rental upside. Completed improvements include soft-story retrofits, SB721 inspections, and new electrical subpanels in every unit. Two buildings received new roofs in 2026, while three feature solar water heating and owner-owned laundry machines. The portfolio includes 24 parking spaces, with potential to convert tuck-under parking into ADUs, subject to buyer verification. Properties may be resold individually, providing disposition flexibility. Proximity to Sunset Boulevard, Hollywood entertainment destinations, the Metro B Line, and the 101 Freeway enhances connectivity, while the combined parcels offer future redevelopment potential. With four adjacent buildings in a prime Hollywood location, approximately 30% rental upside, and potential for ADU conversion and future redevelopment, this portfolio offers multiple avenues for value creation alongside the flexibility to resell properties individually. ***PLEASE NOTE: There are 4 buildings being sold as a portfolio ONLY. 1211, 1215, 1223 and 1227 Tamarind Ave, Los Angeles, CA 90038 (APNs: 5534-011-010, 5534-011-009, 5534-011-008, 5534-011-007). ***

Neighborhood

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CLAW

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.