Hollywood (C20) Homes with Multi Family Subtype

Hollywood (C20) Homes with Multi Family Subtype

Welcome to Hollywood, a vibrant and iconic neighborhood nestled in the heart of Los Angeles County, California. Known worldwide for its rich film history and cultural significance, Hollywood is not just a destination for tourists; it’s a thriving community that offers a unique blend of entertainment, art, and lifestyle.

The allure of Hollywood lies in its diverse neighborhoods, each with its own character, from the historic charm of Hollywood Boulevard to the trendy vibes of Sunset Strip. Residents enjoy a plethora of dining options, eclectic shops, and lively nightlife, all while being surrounded by the stunning backdrop of the Hollywood Hills. The region is also home to numerous parks and recreational areas, perfect for outdoor enthusiasts.

For those looking to invest in real estate, Hollywood offers an exciting opportunity with its multifamily homes. The multifamily subtype in this area caters to a variety of lifestyles, making it an ideal choice for both investors and families. Whether you’re seeking a cozy duplex or a larger apartment building, these properties provide the perfect balance of comfort and convenience.

With Hollywood’s strong rental market, multifamily homes present a lucrative investment opportunity, allowing you to capitalize on the steady influx of residents and tourists alike. The charm of Hollywood, combined with the practicality of multifamily living, makes this region a fantastic choice for anyone looking to call this iconic area home. Embrace the Hollywood lifestyle and discover the potential that awaits in this dynamic community!

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.