$3,700,000
$3,900,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
6,224 Sqft Lot
SOLD DATE : 07/31/2024
Key Details
Sold Price $3,700,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW24009831
Sold Date 07/31/24
Construction Status Turnkey
HOA Y/N No
Year Built 2023
Lot Size 6,224 Sqft
Property Description
LAJOMA PROPERTIES is proud to present this beautiful, new construction 4-Unit townhome style property in the HEART of Hollywood just minutes away from Netflix studios, Paramount Studios, and Netflix Corporate office. Walking distance away from the world-famous Hollywood and Sunset Blvd, the property offers close proximity to neighborhood attractions, restaurants, bars, and shops such as the Hollywood Walk of Fame, Highlight Room, TAO, Bar-Lis, Dream Hotel, Thompson Hotel, Magic Castle, Yamashiro Restaurant, and easy access to Runyan Canyon Hiking Trail, The Hollywood Bowl, Lake Hollywood Park, and Griffith Park, this neighborhood is one for the books.
Hollywood is one of the most coveted multifamily submarkets in Los Angeles and a top travel destination attracting those in entertainment, fashion, and entrepreneurship. This neighborhood boasts significant landmarks as well as breathtaking views and easy access to freeways allowing for dynamic mobility. Transit options make it convenient for residents to commute throughout the city and to nearby neighborhoods such as Los Feliz, West Hollywood, Beverly Hills, etc..
This property contains two 3-story duplexes with the front duplex boasting 4 bed/4.5 bath per unit and the larger rear duplex containing 5 bed/5 bath per unit with attached garage access. These units contain open floor plans, multiple master bedrooms in all units, walk-in closets, high ceilings, custom window shades.There are also beautiful quartz countertops in the kitchens and bathrooms with custom decorative backsplash throughout each. Some other features include stainless steel appliances, custom kitchen cabinets, two-toned interior painting, HVAC systems, low voltage led recessed lighting, laundry rooms with washer/dryer, drought tolerant landscaping, automatic fire sprinkler system throughout all units. Rear duplex has four 2-car garages attached with alley access, plenty of parking with decorative pavers throughout the property. All units are individually metered for water, gas, and electricity. Tenants pay all utilities keeping costs low for an investor! The property includes solar panels that are owned and fully paid off by the developer. Overall, this is a very low maintenance property that is well secured with a coded gate entry and security cameras.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD1.5
Interior
Interior Features Recessed Lighting
Heating Central, ENERGY STAR Qualified Equipment, High Efficiency, Heat Pump
Cooling Central Air, ENERGY STAR Qualified Equipment, High Efficiency, Heat Pump
Flooring Laminate, Vinyl
Fireplaces Type None
Fireplace No
Appliance 6 Burner Stove, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, High Efficiency Water Heater, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater, Dryer, Washer
Laundry Washer Hookup, Gas Dryer Hookup, Laundry Closet, Upper Level
Exterior
Exterior Feature Lighting, Rain Gutters
Garage Assigned
Garage Spaces 4.0
Garage Description 4.0
Fence Block, Wood
Pool None
Community Features Biking, Curbs, Street Lights, Sidewalks
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N Yes
View City Lights, Neighborhood
Parking Type Assigned
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre, Drip Irrigation/Bubblers, Near Public Transit
Story 3
Sewer Public Sewer
Water Public
New Construction Yes
Construction Status Turnkey
Others
Senior Community No
Tax ID 5586006009
Security Features Closed Circuit Camera(s),24 Hour Security,Smoke Detector(s),Security Lights
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Jeremy Wilson • RE/MAX FREEDOM