1351 N Alta Vista Blvd Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90046
Key Details
Property Type Commercial
Sub Type Combo - Res & Com
Listing Status Active
Purchase Type For Sale
Square Footage 6,296 sqft
Price per Sqft $634
MLS Listing ID 24-460445
Bedrooms 7
Year Built 1939
Lot Size 9,685 Sqft
Property Description
We are pleased to present this exclusive investment offering of a 6-unit apartment building with redevelopment potential located in prime Hollywood. The subject property is located at 1351 North Alta Vista Boulevard, Los Angeles, CA 90046 ("Property"). It offers investors and developers a rare opportunity to acquire an existing, character apartment building on a large lot. The Property consists of one structure with a total of 6,296 square feet of rentable space on a single lot with 9,681 square feet of land zoned LAR3. Originally constructed as six apartment buildings and featuring attractive period architecture, the current rents are well-below market due to Los Angeles rent control restrictions. This presents "value-add" potential for an investor or a developer to consider new apartments or condominiums.
Location
State CA
County Los Angeles
Area Hollywood
Zoning LAR3
Interior
Heating Natural Gas, Combination
Laundry In Kitchen, Other
Exterior
Garage Spaces 6.0
Roof Type Flat, Asphalt
Building
Story 2
Water District
Others
Special Listing Condition Standard