2053 Glencoe Way
Los Angeles, CA, 90068 $ 3,000,000
Baths0.0 Sq 3,142 Monthly Estimate*
$ 18,942
Studio for $3,000,000. This 3,142 square foot home was built in 1928 on a lot size of 0.08.
Exceptional investment opportunity in the heart of the Hollywood Hills. This well-maintained 4-unit apartment building, built in 1928, offers approximately 3,142 square feet on a 3,463 square foot LAR2-zoned lot. The property features a desirable unit mix, strong in-place rental income, and significant long-term upside in one of Los Angeles' most sought-after rental markets.Located just minutes from the Hollywood Bowl, Runyon Canyon, Franklin Village, Hollywood & Highland, major studios, dining, entertainment, and convenient freeway access, the property attracts a broad tenant base seeking the ideal blend of neighborhood charm and urban convenience.The building presents an excellent opportunity for investors seeking stable cash flow with future value-add potential through strategic renovations and rental increases, subject to applicable regulations. Whether you're expanding an existing portfolio or acquiring a trophy asset in a premier Los Angeles location, this is a rare opportunity to own a classic Hollywood Hills fourplex with lasting investment appeal.Property highlights include:* Four residential units* Approximately 3,142 SF building* Approximately 3,463 SF lot* Built in 1928* LAR2 zoning* Prime Hollywood Hills location near shopping, dining, entertainment, hiking trails, and major employment centers* Excellent long-term investment with upside potentialBuyer to independently verify all information, including square footage, zoning, permits, rent amounts, operating expenses, and applicable rent control regulations.
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FeaturesGeneralLiving Area 3142
Zoning LAR2
Year Built 1928
View Hills
Levels Multi/Split
County Los Angeles
New Construction false
Property Type Residential Income
HOA false
Status Active
City Los Angeles
Senior Community Y/N false
MLS Area C03 - Sunset Strip - Hollywood Hills West
Lot Size Units Square Feet
Lot Size Square Feet 3463
Standard Status Active
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InteriorTotal Stories 0
Air Conditioning Y/N false
Total Baths 0
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ExteriorParking Features Garage - Single Door
Lot Size Area 3463
Foundation Details None
Building Area Total 3142
Lot Size Acres 0.08
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* Excluded FeaturesList ByJoshua L BarreListing Agent
Westside Property Management Inc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $18,942
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,844,592
Percent of Sale Price 39%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/8/2026 | $3,000,000 | | Listed Price |