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Listed by Brian Noh • Nohco Real Estate
$ 4,200,000
Est. payment | /mo
0.3 Acres Lot
$ 4,200,000
Est. payment | /mo
0.3 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25125267
Year Built 1965
Lot Size 0.299 Acres
Source California Regional MLS
Property Description
1545 Gordon Street is a well-maintained 16-unit multifamily property located in the heart of Hollywood, one of Los Angeles' most vibrant and rapidly evolving neighborhoods. Built in 1965, this two-story courtyard-style apartment complex totals approximately 14,502 square feet and offers an ideal unit mix of (9) one-bed/one-bath and (7) two-bed/two-bath units-providing a balanced income stream and strong tenant appeal. Positioned on a 13,017 SF lot zoned LA-R4, the property features 21 secure underground garage parking spaces, a highly sought-after amenity in this dense urban submarket. Recent capital improvements-including newer windows, a new boiler, fresh exterior paint and doors, and upgraded stairways-enhance the property's curb appeal while minimizing future maintenance costs. Additional amenities include private balconies, a coin-operated laundry room, automated entry gates, and a modern intercom and camera security system for enhanced resident safety. Just steps from Sunset Boulevard and surrounded by major developments, entertainment studios, and cultural landmarks, 1545 Gordon Street offers investors a rare opportunity to acquire a stabilized asset with both immediate income and long-term value-add potential in one of LA's most iconic rental markets. This is part of
Location
State CA
County Los Angeles
Area C20 - Hollywood
Rooms
Kitchen Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Gas
Interior
Heating Forced Air
Cooling Window / Wall Unit
Flooring Laminate
Laundry Gas Hookup, In Garage, In Laundry Room, 30
Exterior
Parking Features Garage, Gate / Door Opener, Underground Parking
Garage Spaces 21.0
Pool None
View Local/Neighborhood
Roof Type Flat / Low Pitch
Building
Water Hot Water, District - Public
Others
Tax ID 5545007049
Special Listing Condition Not Applicable
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Tim Alford & Faye Bon
REALTOR® | Lic# 01507448 | 01746037