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, California, where the glitz and glamour of Tinseltown meet the charm of diverse residential living. Known for its iconic landmarks, such as the Hollywood Walk of Fame and the historic Hollywood Sign, this dynamic area offers a unique blend of culture, entertainment, and community spirit.

Hollywood is not just a destination for tourists; it’s a thriving neighborhood that has something for everyone. With its rich history in the film industry, residents enjoy a lively atmosphere filled with theaters, art galleries, and trendy cafes. The area boasts excellent public transportation options, making commuting to downtown Los Angeles or nearby neighborhoods a breeze.

For those looking to invest in real estate, Hollywood presents an exciting opportunity with its multi-family homes. These properties are ideal for both first-time buyers and seasoned investors, offering flexibility and potential for rental income. Multi-family homes in Hollywood come in various styles, from charming vintage buildings to modern complexes, catering to a diverse range of lifestyles and budgets.

Living in a multi-family home in Hollywood means being part of a close-knit community while enjoying the benefits of urban living. Residents often form strong connections with their neighbors, creating a sense of belonging in this bustling city. With its eclectic mix of cultures, vibrant nightlife, and endless entertainment options, Hollywood truly is a place where dreams come alive. Explore the possibilities of multi-family living in this iconic neighborhood and discover your perfect home in the heart of Los Angeles!

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.