Hollywood (C20) Homes with Multi Family Subtype

Hollywood (C20) Homes with Multi Family Subtype

Welcome to Hollywood, a vibrant neighborhood nestled in the heart of Los Angeles County, California. Known worldwide for its iconic film industry, Hollywood is a bustling hub of culture, entertainment, and opportunity. With its palm-lined streets, historic landmarks, and eclectic mix of residents, Hollywood offers a unique lifestyle that attracts both locals and tourists alike.

In this dynamic region, multi-family homes present an exceptional investment opportunity. These properties cater to a diverse demographic, from young professionals seeking proximity to the action of Hollywood Boulevard to families looking for a community-oriented environment. The multi-family homes in Hollywood boast a variety of architectural styles, from charming vintage buildings to modern complexes, each offering its unique character and appeal.

Living in Hollywood means enjoying a wealth of amenities at your doorstep. Residents have access to world-class dining, trendy boutiques, and vibrant nightlife, along with cultural attractions such as the Hollywood Walk of Fame, TCL Chinese Theatre, and the iconic Hollywood Sign. The neighborhood is also well-connected with public transportation options, making it easy to explore the rest of Los Angeles and beyond.

For investors, multi-family homes in Hollywood not only provide potential for rental income but also the chance to be part of a thriving community that continues to evolve. With a steady demand for housing, particularly in this sought-after area, investing in multi-family properties in Hollywood is a smart move for those looking to capitalize on the area's growth. Embrace the Hollywood lifestyle and discover the potential of multi-family living in this iconic neighborhood today!

Newest Hollywood (C20) Homes with Multi Family Subtype

$2,600,000
SR26079848 MLS ⋅ Active Status
INVESTORS: Don’t miss this elegant Spanish-style courtyard 10-unit apartment building, featuring a brand-new roof and recently renovated units completed in late 2025. Offered for the first time in over 20 years, this well-maintained property is owned by a motivated, retiring seller. Located in a prime Hollywood neighborhood, the property offers exceptional convenience with close proximity to shopping, dining, entertainment, hospitals, schools, and easy access to major freeways, including the 101, 10, 110, and 5. Enjoy the vibrant lifestyle and nightlife that Hollywood is known for. Street parking is readily available throughout the surrounding area. The property consists of three separate buildings: 1. Right building # 1246 : 3 units. 2. Left building # 1250 : 3 units. 3. Real building # 1248: 2-story structure with 2 units upstairs and 2 units downstairs. The tenant mix includes long-term residents with both month-to-month and one-year lease agreements. Each unit is separately metered with 10 gas meters and 10 electric meters. Tenants pay their own gas, electricity, and trash services. The landlord pays for water bills. Financial Highlights: Gross annual income $ 141,372.00. Total annual expenses $ 40,115.00. ( Gardener: $ 2,400.00., Insurance $ 17,000.00, Property Taxes $ 14,715.00, water $ 6,000.00 ). The seller intends to complete a 1031 exchange. Buyer cooperation is requested; however, this will not result in any additional cost to the buyer.

1246 N Kenmore Ave, Los Angeles
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.