Homes for sale - 1351 N Alta Vista Blvd, Los Angeles, CA 90046

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Gregory Masi

gregory@gregorymasi.com +1(310) 488-4880

$ 3,995,000

Est. payment | -/mo

7 Beds

6 Baths

6,296 SqFt

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$ 3,995,000

Est. payment | -/mo

Save

7 Beds

6 Baths

6,296 SqFt

Key Details

Property Type Commercial

Sub Type Combo - Res & Com

Listing Status Active

Purchase Type For Sale

Square Footage 6,296 sqft

Price per Sqft $634

MLS Listing ID 24-460445

Bedrooms 7

Year Built 1939

Lot Size 9,685 Sqft

Acres 0.2223

Property Description

We are pleased to present this exclusive investment offering of a 6-unit apartment building with redevelopment potential located in prime Hollywood. The subject property is located at 1351 North Alta Vista Boulevard, Los Angeles, CA 90046 ("Property"). It offers investors and developers a rare opportunity to acquire an existing, character apartment building on a large lot. The Property consists of one structure with a total of 6,296 square feet of rentable space on a single lot with 9,681 square feet of land zoned LAR3. Originally constructed as six apartment buildings and featuring attractive period architecture, the current rents are well-below market due to Los Angeles rent control restrictions. This presents "value-add" potential for an investor or a developer to consider new apartments or condominiums.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR3

Interior

Heating Natural Gas, Combination

Laundry In Kitchen, Other

Exterior

Garage Spaces 6.0

Roof Type Flat, Asphalt

Building

Story 2

Water District

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Coldwell Banker Realty

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Gregory Masi

REALTOR® | Lic# 1708321

gregory@gregorymasi.com

+1(310) 488-4880

11601 Wilshire Blvd., Suite 101 Los Angeles, CA

1351 N Alta Vista Blvd Los Angeles, CA 90046

Gregory Masi

Key Details

Location

Interior

Exterior

Building

Others

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1351 N Alta Vista Blvd