1351 N Alta Vista Boulevard

Los Angeles, CA 90046

$3,995,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1939

calendar_month Built

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.

Listing Information

List Price $3,995,000
Status Active
MLS 24460445
HOA $0
Type Commercial
Subtype Mixed Use
Year Built 1939
Lot Size 9,685
Structure Size N/A
Courtesy Of Coldwell Banker Realty
Listing Agent Steve Frankel DRE#01195571
Co-Listing Agent Steven Schneider DRE#02038305

Interior Features

Laundry Information
Location(s) In Kitchen, See Remarks
Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: Steve Frankel, Steven Schneider, Coldwell Banker Realty 310-508-5008. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 6th, 2024 at 12:20 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.