2053 Glencoe Way
Property Overview
Exceptional investment opportunity in the heart of the Hollywood Hills. This well-maintained 4-unit apartment building, built in 1928, offers approximately 3,142 square feet on a 3,463 square foot LAR2-zoned lot. The property features a desirable unit mix, strong in-place rental income, and significant long-term upside in one of Los Angeles' most sought-after rental markets.Located just minutes from the Hollywood Bowl, Runyon Canyon, Franklin Village, Hollywood & Highland, major studios, dining, entertainment, and convenient freeway access, the property attracts a broad tenant base seeking the ideal blend of neighborhood charm and urban convenience.The building presents an excellent opportunity for investors seeking stable cash flow with future value-add potential through strategic renovations and rental increases, subject to applicable regulations. Whether you're expanding an existing portfolio or acquiring a trophy asset in a premier Los Angeles location, this is a rare opportunity to own a classic Hollywood Hills fourplex with lasting investment appeal.Property highlights include:* Four residential units* Approximately 3,142 SF building* Approximately 3,463 SF lot* Built in 1928* LAR2 zoning* Prime Hollywood Hills location near shopping, dining, entertainment, hiking trails, and major employment centers* Excellent long-term investment with upside potentialBuyer to independently verify all information, including square footage, zoning, permits, rent amounts, operating expenses, and applicable rent control regulations.
Home Details
- Property type
- Residential Income
- Year built
- 1928
- Living area
- 3,142 sq ft
- Lot size
- 3,463 sq ft
- Days on market
- 22
- MLS status
- Active
- Architectural style
- SeeRemarks
- Zoning
- LAR2
Features & Amenities
Appliances
- Dishwasher
- Disposal
- Refrigerator
Parking
- Door Single
- Garage
Community, Schools & Utilities
Community
- View
- Hills
Utilities
- Cooling
- None
Location & Neighborhood
Frequently Asked Questions About 2053 Glencoe Way
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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