1014 N El Centro Avenue

Property Overview

We are pleased to offer for sale 1014-1018 North El Centro Avenue, a seven-unit apartment community located in the Hollywood neighborhood of Los Angeles, just north of Santa Monica Boulevard between Vine Street and Gower Street.Built in 1949, the property comprises 6,375 square feet of improvements on a 6,481-square-foot parcel, with a unit mix of five one-bedroom units and two two-bedroom units. There is approximately 14% rental upside remaining, capturable through ordinary turnover. The offering is priced at $235 per square foot, below the average of the recent comparable sales in the surrounding Hollywood submarket.The property carries a Walk Score of 94, with retail and dining along Santa Monica Boulevard a block south. Paramount Pictures on Melrose Avenue, Sunset Las Palmas Studios, and the Sunset Boulevard creative-office campuses anchored by Netflix are all within about a mile, as are Metro's B Line at Hollywood/Vine and the 101 Freeway.1014-1018 North El Centro Avenue offers investors an opportunity to acquire a well-maintained asset with remaining upside in one of the most established rental submarkets in Los Angeles.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Home Details

Property type: Residential Income
Year built: 1949
Living area: 6,375 sq ft
Lot size: 6,481 sq ft
Parking: 5 spaces
Stories: 2
Days on market: 88
MLS status: Active
Zoning: [Q]R4-1VL-CPIO

Features & Amenities

Parking

Covered
Uncovered

Location & Neighborhood

Los Angeles, CA 90038

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Frequently Asked Questions About 1014 N El Centro Avenue

Property type: Residential Income

The current asking price is $1,500,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1014 N El Centro Avenue. Our team will confirm availability and timing.

This 9 bedrooms and 7 bathrooms property offers approximately 6,375 square feet of living space. It was built in 1949. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 88 days. Status can change, so verify availability before relying on it.