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Bobby And Michelle Schaffer

sold@legacyhouserealty.com +1(951) 533-7744

$ 1,635,000

Est. payment | -/mo

11 Beds

11 Baths

6,480 SqFt

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$ 1,635,000

Est. payment | -/mo

Save

11 Beds

11 Baths

6,480 SqFt

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 6,480 sqft

Price per Sqft $252

MLS Listing ID 26710485

Bedrooms 11

HOA Y/N No

Year Built 1961

Lot Size 7,365 Sqft

Property Description

1220 N Van Ness Ave is a well-maintained 9-unit apartment located in the heart of Hollywood! Built in 1961, the property features seven (7) 1+1 units and two (2) 2+2 units, totaling approximately 6,480 SF of rentable space on a 7,364 SF LAR3-zoned corner lot! It includes eight tandem parking spaces and two (2) additional tuck under spaces at the rear. The property is separately metered for gas and electricity, has completed its seismic retrofit, and presents significant rental upside potential! Additionally, there is a laundry room that is currently not being utilized that could provide additional income in the future. One (1) unit currently VACANT! Situated near Sunset Blvd and Wilton Pl, it benefits from its prime location within Hollywood's thriving residential and commercial core. The property is ideally positioned near major employment centers, entertainment studios, post-production houses, retail corridors, and hospitals. Rated "Very Walkable" with a Walk Score of 88, the property offers easy access to the restaurants, cafes, and shopping the area is known and loved for. Nearby popular destinations include Osteria La Buca, Ggiata Delicatessen, and Great White. Located near Echelon Studios Complex a project of 550,000 SF of new production studio, office, and retail space set to be completed this year. The property also provides excellent and easy access to the 101 Freeway, along with close proximity to the Metro B Line (Red Line).

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Exterior

Parking Features Garage, Gated, Tandem

Pool None

Accessibility None

Total Parking Spaces 8

Private Pool No

Building

Faces West

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5536005024

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Nicole Apostolos Equity Union #01464936

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(951) 533-7744

sold@legacyhouserealty.com

Temecula , California, 92592, USA

1220 N Van Ness AVE Los Angeles, CA 90038

Bobby And Michelle Schaffer

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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1220 N Van Ness AVE