Homes for sale - 1351 N Alta Vista BLD, Los Angeles, CA 90046

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Tim Alford & Faye Bon

homes@alfordbon.com +1(408) 832-7698

Listed by Todd Jones • Rodeo Realty

$ 4,000,000

Est. payment | -/mo

9,685 Sqft Lot

Save

$ 4,000,000

Est. payment | -/mo

Save

9,685 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR25068016

Style French

Originating Board California Regional MLS

Year Built 1939

Lot Size 9,685 Sqft

Property Description

We are proud to present a rare investment opportunity in the heart of Hollywood at 1351 North Alta Vista Boulevard, Los Angeles, CA 90046. This property is a 6-unit apartment building, offering exceptional potential for redevelopment and expansion. Nestled on a spacious 9,681 square foot lot with LAR3 zoning, the property currently features a single building with a total rentable space of 6,296 square feet. Originally constructed with six separate apartments, the building showcases classic period architecture, providing a unique charm. With rents currently set below market, this property offers substantial "value-add" potential. Additionally, approved plans for a new development could increase the unit count to a total of 26, transforming the building into a modern masterpiece. This redevelopment would complement the neighboring sister building, offering a cohesive and contemporary aesthetic for the area. The current unit make-up is one 2-bedroom unit and five 1-bedroom units. All with one bathroom and laundry in each unit. There is a large garage in the back offering one stall per unit. Whether you're an investor looking for a property with significant upside or a developer seeking a prime location for a high-end residential project, this offering presents an exciti

Location

State CA

County Los Angeles

Area C20 - Hollywood

Rooms

Kitchen Other, Oven Range - Gas, Oven Range, Oven - Gas

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Flooring Laminate

Laundry Other, Washer, Stacked Only, Dryer

Exterior

Parking Features Assigned Spaces, Private / Exclusive, Garage, Off-Street Parking

Garage Spaces 6.0

Pool 31, None

View None

Roof Type Shingle

Building

Lot Description Grade - Level, Paved

Foundation Concrete Slab

Water District - Public

Architectural Style French

Others

Tax ID 5548020040

Special Listing Condition Not Applicable

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Tim Alford & Faye Bon

REALTOR® | Lic# 01507448 | 01746037

homes@alfordbon.com

+1(408) 832-7698

518 N Santa Cruz Ave, Los Gatos, CA, 95030, USA

1351 N Alta Vista BLD Los Angeles, CA 90046

Tim Alford & Faye Bon

Key Details

Location

Rooms

Interior

Exterior

Building

Others

1351 N Alta Vista BLD