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ActivePrice Reduced 277 days on market

1250 Gordon Street

Los Angeles, CA 90038

$1,699,900

$2,499,999

1250 Gordon Street
1250 Gordon Street photo 2
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+16 more
Beds
Baths
Sq Ft
0.15Acres
1960Built

About This Home

Hollywood Investment Gem – 7-Unit Value-Add with Upside Rent Potential Now available: a rare multifamily investment opportunity in the heart of Hollywood, ideally located between Santa Monica Blvd and Sunset Blvd, with Fountain Ave as the cross street Add a high-potential asset to your portfolio in one of Los Angeles’ most in-demand rental submarkets. 7 Total Units: • (1) Two-Bedroom, Two-Bath • (4) One-Bedroom, One-Bath • (2) Studio Units Reliable income from 5 out of 7 units, while upgrading remaining units to achieve full market rates. The interiors are slightly dated, but the spacious layouts and solid construction offer a perfect cosmetic value-add opportunity. Light updates will easily elevate the property and restore its classic Hollywood charm.Located in a high-demand, walkable neighborhood, just steps from studios, nightlife, and transit. Long-term appreciation and income upside make this a smart play for savvy investors.

Property Details

Property TypeMixedUse
Year Built1960
Lot Size0.15 acres
Garage Spaces0
Parking Total0
HeatingFloorFurnace
CoolingWallWindowUnits
PoolNo
MLS #1114920477
Days on Market277 days

Location

Listed by

Edgar Castro

Park Regency Realty

MLS# F207017322

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.