Hollywood (C20) Homes with Two Levels Stories

Hollywood (C20) Homes with Two Levels Stories

Welcome to Hollywood, California, the iconic heart of the entertainment industry and a vibrant community that offers a unique blend of culture, history, and modern living. Nestled in Los Angeles County, Hollywood is not only famous for its star-studded sidewalks and the legendary Hollywood Sign, but it also boasts a diverse array of neighborhoods, each with its own charm and appeal.

Among the architectural gems that define Hollywood are the stunning two-story homes that grace its streets. These homes embody the spirit of the region, combining classic design with contemporary conveniences. With spacious layouts, soaring ceilings, and ample natural light, two-level homes in Hollywood provide the perfect backdrop for both entertaining and everyday living. Many of these residences feature outdoor spaces, where you can soak in the California sun or enjoy a quiet evening under the stars.

Living in Hollywood means being at the center of it all. Residents enjoy proximity to world-class dining, shopping, and entertainment options, from trendy boutiques on Sunset Boulevard to iconic theaters like the TCL Chinese Theatre. The area is also rich in parks and recreational spaces, offering opportunities for outdoor activities and relaxation.

Whether you’re looking for a family home, a stylish retreat, or an investment opportunity, Hollywood's two-story homes present an exceptional lifestyle choice. Experience the allure of Hollywood living, where every day feels like a scene from a movie!

Newest Hollywood (C20) Homes with Two Levels Stories

$6,900,000
TR26196782 MLS Active Status
We are pleased to offer Denny Avenue Apartments, a 17-unit multifamily investment property located at 5325 Denny Avenue in North Hollywood. Positioned near the NOHO Arts District and between Magnolia Boulevard and Chandler Boulevard, the property offers convenient access to major transportation routes, including the 101, 170, and 134 freeways. The property features approximately 15,314 square feet of rentable space situated on an approximately 13,500-square-foot lot. Well maintained throughout, Denny Avenue Apartments includes mature landscaping, an attractive central courtyard with a BBQ area and outdoor seating, on-site laundry facilities, and a secured parking garage. The units have been updated with a range of modern features and finishes. Interior amenities include contemporary kitchens with stainless steel appliances and dishwashers, central HVAC, ceiling fans, horizontal blinds, balconies, fireplaces, and a combination of laminate plank wood and carpet flooring. Second-story residences also feature vaulted high ceilings, adding to the sense of openness within the units. The North Hollywood location provides residents with access to employment centers, entertainment, dining, and cultural destinations throughout the greater Los Angeles area. In addition to nearby access to the 101, 170, and 134 freeways, the property is within reach of the 405 and 210 freeways, creating connections to destinations across Los Angeles County, Ventura County, and surrounding areas. The nearby NOHO Arts District contributes to the area's active mix of entertainment, dining, and creative businesses, while major employers such as Universal Studios and Warner Bros. are also within the broader area. Well-known Southern California destinations within approximately 20 miles include Griffith Observatory, Dodger Stadium, the Hollywood Walk of Fame, and The Huntington Library. With 17 units, updated interiors, established property amenities, and a well-connected North Hollywood location, Denny Avenue Apartments presents an income-producing multifamily investment opportunity with long-term ownership potential. The offering may appeal to a range of investors, including first-time multifamily purchasers, experienced investors, and buyers considering a 1031 exchange.

5325 Denny, Los Angeles

$1,995,000
9 Beds 8 Baths 26989249 MLS Active Status
Large 6,094 SF, 8-unit value-add apartment building in the heart of Hollywood, offering strong day-one cash flow at a current 5% cap rate with upside to approximately 7.5% on pro forma rents. Attractively priced at only $249,000 per unit and $327/SF, the property offers a diverse unit mix of 6 spacious one-bedroom units and 2 two-bedroom units. The building sits on a large 7,099 SF LAR3 lot, with plans to add 8 detached ADUs, potentially doubling the property's unit count. Assuming $715,000 in ADU construction costs at $250/SF, the projected all-in basis is only $163,000 per unit and $291/SF, with an 11.7% cap rate on current rents and 14.1% on pro forma rents after completion. Most recently, the front upstairs unit was completely remodeled with a high-end modern aesthetic, featuring new cabinetry, vinyl flooring, recessed lighting, a renovated bathroom, an updated HVAC system, an in-unit washer/dryer, and additional upgrades. The property's exterior has also undergone extensive renovations and features approximately 9 on-site parking spaces, storage, and an updated laundry room. Gas and electricity are metered separately, helping to minimize owner-paid operating expenses. Prime Hollywood location directly behind Echelon Studios Hollywood, an approximately $450 million, 610,000 SF creative entertainment campus located on a five-acre site at 5601 Santa Monica Boulevard, and just blocks from Netflix and Paramount Studios, placing the property in the heart of Hollywood's entertainment and media district.

5642 Lexington Avenue, Los Angeles

$1,499,000
9 Beds 6 Baths 26970895 MLS Active Status
ORIGINALLY PRICED AT $1,700,000 NOW, IT'S PRICED TO SELL. "A stabilized low-expense Hollywood cash-flow asset with immediate upside, tax advantages, and flexible unit conversion potential. "This is a VERY specific buyer pool. This is for the MOTIVATED 1031 + cash flow buyer. STRATEGIC POSITIONING What this REALLY is: Low-maintenance asset Tenants paying utilities Strong cash flow Newly remodeled rear structure Potential future unit split Tier 3 / R3 Hollywood zoning 1031 exchange target Depreciation benefit Vacancy leverage1031 exchange buyers passive-income investors small apartment syndicators Airbnb/furnished rental operators tax-focused buyers "retiree investors" This IS: "Low expense, high-cash-flow Hollywood income machine with upside. "Investors want: clean numbers operational upside tax strategy low headache NEW INVESTOR POSITIONING Hollywood / Silver Lake Adjacent Value-Add Cash Flow Opportunity 5633 La Mirada Ave presents a rare opportunity to acquire a low-maintenance multifamily asset in one of Los Angeles' strongest rental corridors. The property consists of: Front duplex:3BR/1BA (recently leased) 2BR/1BA currently paying $2,250/month Rear detached structure built in 1982: Fully remodeled & permitted 4BR/4BA unit Currently leased at $4,600/month The rear building offers potential flexibility for future reconfiguration into two separate 2BR/2BA units (buyer to verify with city). WHY THIS DEAL WORKSLOW EXPENSE OPERATION Tenants pay utilities including water/sewer Minimal landlord expense exposure Strong operational efficiency IMMEDIATE UPSIDE Potential front unit vacancy at close Rental repositioning opportunity Future unit optimization potential STRONG LOCATION Minutes to: Silver Lake Paramount Studios Hollywood Downtown LA TAX ADVANTAGE Cost segregation & depreciation potential Ideal 1031 exchange replacement asset TIER 3 / R3 ZONING Long-term redevelopment potential in a high-demand rental corridor. "Priced for immediate investor attention." "Aggressively positioned for a quick sale. "low maintenance stable cash flow1031 exchange LOW-EXPENSE HOLLYWOOD CASH FLOW ASSET 1031 FRIENDLY remodeled rear unit backyard Hollywood proximity "tenants pay all utilities" Investors LOVE: tenants paying utilities THIS IS CLEAR: "Extremely low landlord expense profile with utilities paid directly by tenants." Calling on 1031 exchange agents "This is EASY MONEY with LOW OR NO HEADACHE."

5633 La Mirada Avenue, Los Angeles

$1,799,000
3 Beds 2 Baths IG26193232 MLS Active Status
Welcome to Sunset Square, one of Los Angeles' most sought after neighborhoods, Located north of Sunset on a prime street, this beautifully remodeled cottage offers two bedrooms and one bathroom main house and includes a fully permitted 646 square foot one bedroom one bathroom guest house on an expansive 7,000 square foot lot. Offering 2,114 square feet of meticulously designed living space, the home blends stunning original details, including restored windows, with sophisticated updates. The main residence features 2 bedrooms and 1 bathroom, blending original architectural details with fresh modern updates, including new floors and thoughtfully redesigned bathrooms. Abundant natural light pours through the glass windows, creating a seamless flow between the indoor and outdoor living spaces. The designer kitchen features premium finishes and ample workspace, The professionally landscaped backyard feels private and perfect for relaxing or entertaining. The detached fully permitted guest house above the 2 car garage and extra large storage room, includes its own kitchen, bathroom, and in unit laundry, making it ideal for guests, rental income, or a private workspace. There is a long driveway for off street parking which makes access a breeze. Bonus Upgrades Include: New HVAC and new water heaters and a new roof for both homes. Located in historic Sunset Square, just moments from luxury cafes, Bristol Farms, fine dining, and vibrant nightlife, this rare blend of charm, privacy, and modern convenience is truly a standout opportunity.

1636 N Sierra Bonita Avenue, 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.