2053 Glencoe WAY, Los Angeles, CA 90068
2053 Glencoe WAY, Los Angeles, CA 90068
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,000,000
Est. payment /mo
5 Beds
4 Baths
3,142 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,142 sqft

Price per Sqft $954

MLS Listing ID 26856999

Bedrooms 5

HOA Y/N No

Year Built 1928

Lot Size 3,463 Sqft

Property Description

Exceptional investment opportunity in the heart of the Hollywood Hills. This well-maintained 4-unit apartment building, built in 1928, offers approximately 3,142 square feet on a 3,463 square foot LAR2-zoned lot. The property features a desirable unit mix, strong in-place rental income, and significant long-term upside in one of Los Angeles' most sought-after rental markets.Located just minutes from the Hollywood Bowl, Runyon Canyon, Franklin Village, Hollywood & Highland, major studios, dining, entertainment, and convenient freeway access, the property attracts a broad tenant base seeking the ideal blend of neighborhood charm and urban convenience.The building presents an excellent opportunity for investors seeking stable cash flow with future value-add potential through strategic renovations and rental increases, subject to applicable regulations. Whether you're expanding an existing portfolio or acquiring a trophy asset in a premier Los Angeles location, this is a rare opportunity to own a classic Hollywood Hills fourplex with lasting investment appeal.Property highlights include:* Four residential units* Approximately 3,142 SF building* Approximately 3,463 SF lot* Built in 1928* LAR2 zoning* Prime Hollywood Hills location near shopping, dining, entertainment, hiking trails, and major employment centers* Excellent long-term investment with upside potentialBuyer to independently verify all information, including square footage, zoning, permits, rent amounts, operating expenses, and applicable rent control regulations.

Location

State CA

County Los Angeles

Area C03 - Sunset Strip - Hollywood Hills West

Zoning LAR2

Interior

Cooling None

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator

Exterior

Parking Features Door-Single, Garage

View Y/N Yes

View Hills

Building

Entry Level Multi/Split

Architectural Style See Remarks

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5549023018

Special Listing Condition Standard

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Listed by Joshua L Barre Westside Property Management Inc. #01222605

NEARBY SCHOOL & BUSINESS

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