Marcus & Millichap is pleased to present a 7 Unit Offering in one of the best Hollywood Locations surrounded by multi-million dollar homes, new developments, shops, dining, and entertainment. The subject property was built in 1924 and features (3) 2 Bedroom / 1 Baths and (4) 1 Bedroom / 1 Bath. The Seller will deliver this Offering with RTI plans for an additional Studio unit that would add massive upside in rental potential and lower cost basis metrics. A future investor can also confirm the ability to add another ADU, which may potentially bring the total unit count to 9 Units. The interior of the units have unique character and have been very well maintained. The units that have been renovated have excellent finishes making them competitive with newer construction units in the area. The building offers additional income from parking and garages that are currently leased as store units.
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