Commercial: MLS #0025631227 Los Angeles, CA ^$ 2,495,000

Commercial: MLS #0025631227

^$ 2,495,000

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Commercial: MLS #0025631227

Name: address
Address: CA, 90029

Los Angeles, CA, 90029

^$ 2,495,000

Bedrooms-- Baths--

Property for Rent in Los Angeles, CA

for $2,495,000. This property was built in 1964.

Prime Hollywood investment opportunity featuring 16 one-bedroom, one-bathroom units, each with its own assigned parking space. Offered at $2,600,000 (approximately $162,500 per unit), this well-maintained asset delivers strong in-place income with a cap rate of approximately 6.25% and immediate upside. One vacant unit allows a new owner to lease at market and increase cash flow from day one, with additional upside through rent growth and operational improvements. The excellent unit mix, favorable parking ratio, and sought-after Hollywood location make this a compelling opportunity for both value-add and long-term investors.

Rental Active

Price

^$ 2,495,000

Taxes

^$ 0

Style

Year Built

1964

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025631227

Features

General

Zoning LARD1.5

Security Features Gated Community

Year Built 1964

County Los Angeles

Property Type Commercial Lease

Status Active

City Los Angeles

MLS Area C20 - Hollywood

Standard Status Active

Interior

Total Stories 2

Total Baths 0

Exterior

Lot Size Area 9902

* Excluded Features

List By

George Morales

Listing Agent

Compass

Broker

georgemorales@compass.com

Nearby

Trends
Schools

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.

4827338 Elementary School

0 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
5/27/2026	$2,495,000	-4.04%	Price Down
4/27/2026	$2,600,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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 5/27/2026. 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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Commercial: MLS #0025631227

Property for Rent in Los Angeles, CA

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