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1156 Gordon St
Los Angeles, CA 90038 Hollywood

$1,850,000 USD

Apartments For Sale  •  4,233 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,233 SF
  • Lot Size 0.15 AC
  • Year Built 1910
  • Cap Rate 6.04 %
  • Zoning LAR3
63 Transit Score
88 Walk Score

Highlights

Six 1 bedroom / 1 bath units in Hollywood with 5 UNITS DELIVERED VACANT!
The vacant units present the perfect opportunity to cosmetically remodel the interiors and achieve market rents.
The lot also includes 2 garages and an uncovered parking area, which can be used to build 1 or more ADUs for additional income.
Less than 1 mile from the Netflix HQ, Paramount Pictures, and many other Hollywood attractions in a highly desirable rental market.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $111,695 USD (2023)
Cap Rate: 6.04 %
Total Expenses: $34,085 USD

Amenities

  • Gated

Public Transportation

Commuter RailDriveWalkDistance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 5.5 mi
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 11 min - 6.3 mi
Transit/SubwayDriveWalkDistance
Hollywood/Vine Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 18 min 1.0 mi
AirportDriveWalkDistance
Bob Hope 18 min - 9.6 mi
Los Angeles International 27 min - 14.1 mi
Long Beach (Daugherty Field) 39 min - 28.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
Anie Mayelian 818-915-9118 KW Commercial
Anie Mayelian 818-915-9118 KW Commercial