3143 Hollycrest Drive, Los Angeles, CA 90068

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10 Photo 11 Photo 12 Photo 13 Photo 14 Photo 15 Photo 16 Photo 17 Photo 18 Photo 19 Photo 20 Photo 21 Photo 22 Photo 23 Photo 24 Photo 25 Photo 26 Photo 27 Photo 28

Property Description

We are pleased to present the opportunity to acquire 3143 Hollycrest Drive, a charming four-unit apartment building in the Hollywood Hills. Built in 1954, the two-story property sits on a 6,439 square foot lot with 2,998 square feet of rentable space and is comprised of four one-bed/one-bath units with private patios and on-site laundry. The property provides tenants with on-site parking and gated entry. The property will be delivered with one vacant unrenovated unit that can be remodeled and rented out at market rate or occupied by an owner/user. Only one unit has been lightly renovated at this property, which boasts a tremendous opportunity for a new investor to add significant value to this property over the course of ownership. Units 1 and 2 are larger floorplans that are identical with larger living rooms and a dining area. Unit 2 and 3 are slightly smaller floorplans and have a dining area as well. Units 3 and 4 both come with high ceilings that allow for lots of light and a very spacious feel for tenants. Only one long-term tenant occupies this property, and their rent is over $2200 per month.


Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Wood
Interior Information
Features Ceiling Fan(s)

Listing Information

Address 3143 Hollycrest Drive
City Los Angeles
State CA
Zip 90068
County Los Angeles
Listing Agent Sevak Keshishian DRE #01887505
Courtesy Of Marcus & Millichap
List Price $1,500,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 6,439
Year Built 1954

Listing information courtesy of: Sevak Keshishian, Marcus & Millichap. *Based on information from the Association of REALTORS/Multiple Listing as of Apr 19th, 2024 at 2:17 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.