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$4,200,000
Est. payment /mo
3 Beds
0.3 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25125267
Bedrooms 3
Lot Size 0.299 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
1545 Gordon Street is a well-maintained 16-unit multifamily property located in the heart of Hollywood, one of Los Angeles most vibrant and rapidly evolving neighborhoods. Built in 1965, this two-story courtyard-style apartment complex totals approximately 14,502 square feet and offers an ideal unit mix of (9) one-bed/one-bath and (7) two-bed/two-bath unitsproviding a balanced income stream and strong tenant appeal. Positioned on a 13,017 SF lot zoned LA-R4, the property features 21 secure underground garage parking spaces, a highly sought-after amenity in this dense urban submarket. Recent capital improvementsincluding newer windows, a new boiler, fresh exterior paint and doors, and upgraded stairwaysenhance the propertys curb appeal while minimizing future maintenance costs. Additional amenities include private balconies, a coin-operated laundry room, automated entry gates, and a modern intercom and camera security system for enhanced resident safety. Just steps from Sunset Boulevard and surrounded by major developments, entertainment studios, and cultural landmarks, 1545 Gordon Street offers investors a rare opportunity to acquire a stabilized asset with both immediate income and long-term value-add potential in one of LAs most iconic rental markets. This is part of the Hollywood Collection offering and can be purchased individually or together with 5923 & 5947 Carlton Way.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Off 101 fwy, exit Sunset Blvd westbound, right on Gordon St.
Interior
Heating Forced Air Unit
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5545007049
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Listed by Brian Noh Nohco Real Estate
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