Hollywood (C20) Homes with Multi Family Subtype

Hollywood (C20) Homes with Multi Family Subtype

Welcome to Hollywood, California—a vibrant neighborhood that perfectly embodies the allure of the Golden State. Nestled in the heart of Los Angeles County, Hollywood is renowned for its iconic landmarks, rich history, and a lively atmosphere that draws residents and visitors alike. From the glitz of the Hollywood Walk of Fame to the breathtaking views atop Griffith Park, this area is a blend of culture, entertainment, and community spirit.

For those looking to invest in the Hollywood real estate market, multi-family homes present a fantastic opportunity. These properties not only offer a chance to embrace the dynamic lifestyle of Hollywood but also provide an avenue for income generation. With the demand for rental properties on the rise, multi-family homes in this region are a smart choice for investors seeking to capitalize on the thriving rental market.

Imagine owning a charming duplex or a modern apartment building just minutes away from the bustling energy of Sunset Boulevard. Residents enjoy easy access to world-class dining, shopping, and entertainment options, making it an attractive location for renters. The diverse community, coupled with Hollywood's iconic status, ensures that multi-family homes here are always in demand.

In addition to the potential for financial gain, investing in multi-family homes in Hollywood allows you to be part of a vibrant neighborhood filled with creativity and innovation. Whether you're a seasoned investor or a first-time buyer, Hollywood offers a unique blend of opportunity and lifestyle that is hard to resist. Embrace the magic of Hollywood living while securing your future in one of California's most celebrated locales!

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.