Property Hollywood for sale with MLS# A12025025
Excellent investment opportunity in Hollywood! 10-unit multifamily property consisting of six 1-bedroom/1-bath units and four studio units. Current projected gross income approximately $165,300 annually, including laundry income. Unit 6 is currently vacant, providing immediate upside potential. Five units fully renovated, three partially renovated, and two in original condition.Property operates as a 10-plex with seven electric meters. Corner lot of approximately 10,000 SF offers potential future redevelopment opportunities. Strong tenant demand area with convenient access to major highways, shopping, dining, and employment centers.Projected NOI approximately $106,684 with an estimated cap rate of 6.28% based on projected income and expenses. Buyer to verify all income, expenses, zoning, measurements, and redevelopment potential. Financials, rent roll, and leases available upon request.
The street address for this listing (MLS-A12025025) is private
- Price:
- $1,580,000.00
- Original List Price:
- $1,699,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $353.38
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- August 24, 2026 2:52 pm
- Built-Up Area:
- 4,471 Sqft
- Lot Size Acres:
- 0.24
- Security:
- Security Fence
- Building:
- Free Standing
- Year Built:
- 1959
- Number of Buildings:
- 2
- Construction Materials:
- Block
- Number of stories:
- 1
- Road Frontage Type:
- City Street
- Flood Zone Code:
- AH,X
- Property Condition:
- Resale
- Tax Annual Amount:
- $21,434.00
- Parking Total Spaces:
- 11
- Parking Features:
- Assigned
- Senior Community:
- No
- Documents Available:
- Rent Rolls, Photos, Copy Of Lease(s), Other Available Information, Site Plans
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Subject To Tenant Rights, Close Of Escrow
- Tax Legal Description:
- BEVERLY PARK 25-44 B LOT 14,15 BLK 4
- Zoning:
- S-MU
- Active on the market since:
- June 2, 2026
- Listing Agreement executed on:
- June 2, 2026
- Price change occurred on:
- August 24, 2026 2:52 pm
- Listing Status Last Changed On:
- June 2, 2026 4:00 am
- Photos updated on:
- August 24, 2026 1:53 pm
- Last Modified:
- August 24, 2026 1:53 pm
- Courtesy of:
- ISRAM Realty & Management
- Attribution:
- Not provided
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