1563 Gordon St
LOS ANGELES, CA 90028

Property

Ownership: For Sale
Bedrooms: 10 BR
Bathrooms: 11
Area: 6519 sq ft
Lot Size: 0.2 Acres

Financials

Price:$2,700,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Marcus & Millichap

1563 Gordon St 10BR Hollywood La

Description

1563 Gordon St is a fully renovated 9-unit apartment building in central Hollywood, offered at $2,700,000 ($300,000 per unit, $429.80/SF) at a 6.09% cap rate and 10.54 GRM. Built in 1957 with approximately 6,282 SF, the property was comprehensively renovated under permit, with every permit finaled in 2021: new kitchens and baths in every unit, a full rewire with a new 400-amp service, a copper repipe, new windows and split heat-pump systems. The unit mix is two two-bedrooms, six one-bedrooms and a studio added under permit with its own 2021 Certificate of Occupancy, and the soft-story seismic retrofit is complete (City Certificate of Compliance, 2022). The building sits about 0.2 miles from Sunset Gower Studios and Netflix's Sunset Bronson campus, and 0.4 miles from the Metro B Line at Hollywood/Vine.

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.