Description
Introducing an exceptional four-unit property that spans an impressive 1,956 square feet, elegantly set on a spacious 4,727 square foot lot. This property is brimming with potential for the discerning investor. With ample room for the addition of four more ADUs in the backyard, you can significantly enhance your rental income. Experience breathtaking views of the vibrant neighborhood and iconic Hollywood, embodying the charm of this trendy area. Currently, all four units benefit from long-term, reliable tenants, each unit attractively priced below the current market rates, providing an incredible opportunity for substantial rent increases. Many units feature tasteful renovations, further enhancing their appeal. Located in the lively and picturesque Melrose Hill, a true treasure within the Hollywood Studio District, this property is an outstanding investment opportunity waiting for the right owner to unlock its full potential.
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3BEDS
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0.11ACRES
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4BATHS
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01/2 BATHS
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1,956SQFT
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$458$/SQFT
School Ratings & Info
Description
Introducing an exceptional four-unit property that spans an impressive 1,956 square feet, elegantly set on a spacious 4,727 square foot lot. This property is brimming with potential for the discerning investor. With ample room for the addition of four more ADUs in the backyard, you can significantly enhance your rental income. Experience breathtaking views of the vibrant neighborhood and iconic Hollywood, embodying the charm of this trendy area. Currently, all four units benefit from long-term, reliable tenants, each unit attractively priced below the current market rates, providing an incredible opportunity for substantial rent increases. Many units feature tasteful renovations, further enhancing their appeal. Located in the lively and picturesque Melrose Hill, a true treasure within the Hollywood Studio District, this property is an outstanding investment opportunity waiting for the right owner to unlock its full potential.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-15T15:42:50.35. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.