901 N El Centro Avenue, Hollywood, CA — listing photo 1
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FOR SALE

901 N El Centro Avenue

Hollywood, CA 90038
4,151 Lot Sq Ft
Built 1924
$949,995
Price ReducedWas $1,195,000 — $949,995 (-$245,005)

Property Overview

Charming 5-Unit Multifamily Property in Prime Hollywood Location – Value-Add Opportunity! Unlock the potential of this well-maintained 5-unit multifamily property located in the heart of Hollywood, just moments from the iconic Hollywood Strip, major studios, popular restaurants, bars, grocery stores, and the vibrant Larchmont Village. Each unit features 1 bedroom and 1 bathroom, with three units being recently updated with fresh paint, new flooring, and modernized bathrooms. Tenants are responsible for trash, gas, and electricity, while the building covers water only, keeping operating costs low. This property also offers significant upside potential, with expansion possibilities by building upward (buyer to verify), maximizing long-term value in one of LA’s most desirable rental markets. Conveniently located near Larchmont Village, Hancock Park, Melrose, Fairfax, and West Hollywood, this property is a standout investment with strong income potential and development possibilities.

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Home Details

Property type
Residential Income - Apartment
Year built
1924
Lot size
4,151 sq ft
Stories
1
Days on market
260
MLS status
Active
Zoning
LAR3

Features & Amenities

Appliances

  • Gas Range
  • Water Heater

Parking

  • None

Pool

  • None

Lot

  • Zero To One Unit Acre

Community, Schools & Utilities

Utilities

Heating
NaturalGas
Cooling
None
Water
Public
Sewer
PublicSewer

Location & Neighborhood

901 N El Centro Avenue

Hollywood, CA 90038

Frequently Asked Questions About 901 N El Centro Avenue

Property type: Residential Income

The current asking price is $949,995. 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 901 N El Centro Avenue. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1924. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Hollywood, 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 Hollywood property.
The MLS currently reports the property as Active. It has been listed for 260 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Listing Agent

Name: Ricardo Velasquez
MLS ID: SR152507753

Available property

$949,995

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.