1645 Courtney Avenue Los Angeles, CA ^$ 3,650,000

1645 Courtney Avenue

^$ 3,650,000

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1645 Courtney Avenue

Los Angeles, CA, 90046

^$ 3,650,000

Studio Baths0.0 Sq 9,240

Monthly Estimate*

^$ 25,496

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,650,000. This 9,240 square foot home was built in 1949 on a lot size of 0.23.

1645 Courtney Avenue and 7706 Hollywood Blvd are being offered for sale for the first time in over 50 Years!The offering consists of 22 Units and 17,580 of rentable living space located in the heart of Hollywood just off of Nichols Canyon. This unique rarely traded asset is situated in one of the most desirable rental markets in Los Angeles adjacent West Hollywood. There is an excellent unit mix consisting of Six 2 Bedroom / 1 Bathroom, fourteen 1 Bedroom / 1 Bathroom & Two Studio Units which is very desirable for today's rental market. Furthermore, 12 Units are being delivered Vacant at the close of escrow! This is a unique opportunity for a savvy investor to acquire a value-add property and immediately recognize it's potential. Additionally, the properties sit on a large 20,307 sf lot split between two parcels to prevent against ULA Tax for a potential exit strategy.

Multi-Family Contingent

Price

^$ 3,650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.23

Year Built

1949

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024373435

Features

General

Cooling Wall/Window Unit(s)

Zoning LAR3

Pool Features None

Year Built 1949

Levels Two

County Los Angeles

Net Operating Income 199430.0

New Construction No

Property Type C

HOA / Comm Assn No

Contingency Active Under Contract

Status Active Under Contract

City Los Angeles

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area C20 - Hollywood

Lot Size Square Feet 9936.0

Street Name Courtney

Standard Status Active Under Contract

Buyer Agent Compensation Type %

Exterior

Parking Features Driveway Down Slope From Street

Lot Size Area 9936.0

Building Area Total 9240.0

Lot Size Acres 0.23

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 2

Air Conditioning Y/N Yes

Heating Y/N No

Street Suffix Avenue

Total Baths 0

* Excluded Features

List By

Michael Monempour

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

Affordability Calculator

$25,496

Per Month

Monthly Principal & Interest: $25,496
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,994,800

Percent of Sale Price 45%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/27/2024	$3,650,000		Listed Price

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1645 Courtney Avenue, Los Angeles, CA, 90046 is a Multi-Family Home for sale at $3,650,000 with 9,240 sqft and a lot size of 0.23. 1645 Courtney Avenue is a studio with 0.0 baths and was built in 1949. The property's zip code is 90046 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/30/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1645 Courtney Avenue

Multi-Family Home for sale in Los Angeles, CA

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