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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,195,000

Est. payment - /mo

7,701 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26216524

Construction Status Fixer

HOA Y/N No

Year Built 1922

Lot Size 7,701 Sqft

Property Sub-Type Quadruplex

Property Description

INVESTOR / BUILDER / DEVELOPER OPPORTUNITY!

Located in the heart of Hollywood's Afton Square neighborhood, this classic 1920s Mediterranean-style quadraplex presents a rare opportunity to acquire a large R3-zoned multifamily property with significant upside potential. Situated just minutes from the Hollywood Walk of Fame and directly across from Sunset Gower Studios' Stage 9, the property offers an exceptional location for investors, owner-users and developers alike.

The approximately 7,700-square-foot lot features a character-rich four-unit building with approximately 5,746 square feet of interior space. Each spacious unit offers 2 bedrooms and 1 bath, with oversized interiors, high ceilings, crown molding and the architectural character associated with Hollywood's classic apartment buildings.

Two units are currently ready for rehabilitation, providing an immediate opportunity for a new owner to renovate and reposition the vacant units. The remaining two units are occupied.The property is zoned LAR3, offering potential for future development or expansion. The site may also present opportunities for additional accessory dwelling units or other residential improvements under applicable current City of Los Angeles and California regulations. Buyer to independently verify all zoning, development, ADU, SB 79, density, parking, historic-resource, RSO and other development requirements with the appropriate governmental agencies and qualified professionals.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Interior

Interior Features Multiple Staircases, All Bedrooms Down

Heating None

Cooling None

Flooring Vinyl, Wood

Fireplaces Type None

Fireplace No

Appliance Free-Standing Range

Laundry None

Exterior

Parking Features Concrete, Driveway, Tandem, Uncovered

Fence None

Pool None

Community Features Curbs

Utilities Available Electricity Connected, Natural Gas Connected

View Y/N No

View None

Roof Type Flat

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Corner Lot

Faces South

Story 2

Entry Level Two

Sewer Unknown

Water Public

Architectural Style Mediterranean

Level or Stories Two

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 5546021008

Security Features Window Bars

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Trust

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Listed by Lance Friedman Berkshire Hathaway HomeServices California Properties 818-613-5120, DRE #00912879

NEARBY SCHOOL & BUSINESS

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6101 Afton PL Hollywood, CA 90028