REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,635,000
Est. payment /mo
Active Under Contract
1220 N Van Ness AVE Los Angeles, CA 90038
11 Beds
11 Baths
6,480 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,480 sqft
Price per Sqft $252
MLS Listing ID 26710485
Bedrooms 11
HOA Y/N No
Year Built 1961
Lot Size 7,365 Sqft
Property Description
1220 N Van Ness Ave is a well-maintained 9-unit apartment located in the heart of Hollywood! Built in 1961, the property features seven (7) 1+1 units and two (2) 2+2 units, totaling approximately 6,480 SF of rentable space on a 7,364 SF LAR3-zoned corner lot! It includes eight tandem parking spaces and two (2) additional tuck under spaces at the rear. The property is separately metered for gas and electricity, has completed its seismic retrofit, and presents significant rental upside potential! Additionally, there is a laundry room that is currently not being utilized that could provide additional income in the future. One (1) unit currently VACANT! Situated near Sunset Blvd and Wilton Pl, it benefits from its prime location within Hollywood's thriving residential and commercial core. The property is ideally positioned near major employment centers, entertainment studios, post-production houses, retail corridors, and hospitals. Rated "Very Walkable" with a Walk Score of 88, the property offers easy access to the restaurants, cafes, and shopping the area is known and loved for. Nearby popular destinations include Osteria La Buca, Ggiata Delicatessen, and Great White. Located near Echelon Studios Complex a project of 550,000 SF of new production studio, office, and retail space set to be completed this year. The property also provides excellent and easy access to the 101 Freeway, along with close proximity to the Metro B Line (Red Line).
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Exterior
Parking Features Garage, Gated, Tandem
Pool None
Accessibility None
Total Parking Spaces 8
Private Pool No
Building
Faces West
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5536005024
Special Listing Condition Standard
Listed by Nicole Apostolos Equity Union #01464936
NEARBY SCHOOLS & PROPERTIES
Lisa Bethel
Advisor | Accredited Buyer's Representative | Seniors Real Estate Specialist® | License ID: 02046953