901 N El Centro Avenue
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.
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
Frequently Asked Questions About 901 N El Centro Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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