Description
The Spanish Style and the colonial buildings, situated in the heart of Hollywood among and many new high rises and CNN iconic building. The property is adjacent to the 6410 La Mirada with separate APN number and must be sold together and close concurrently. The opportunities are endless. From ADUs to new constructions with densities holding as an investment portfolio are some of high point of these 2 properties. These properties carrying good mix; they are consist of 4 units ( 3+2, 2+1, 1+1, 1+1) and 5 units (2+2 1/2, 1+1, 1+1. 1+1). Fully occupied and lease are M to M with exception of 2 unit. 60% rent upside and value added. Separate meters for Gas and electricity; each unit has its own water heater. some units have washer/dyers or just a hook-up. One of the seller is DRE licensees and has the first choice right of refusal. Buyer must cooperate with seller's 1031 exchange with no coast to buyer. Measurements are estimated, buyers to investigate and verify all measurements, any potential future developments and utilization of the properties and relay on his/hers own source for the accuracies. Seismic been perform on one of the building. Broker, agent and sellers will not be responsible for any discrepancies. Do not disturb the tenants, they are not aware of the sales. Showing by appointment only and upon acceptance of an offer. The properties being sold in AS IS condition with NO SELLERS' WARRANTY and/or repairs. Sellers will select the escrow and title.
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0BEDS
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0.32ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
The Spanish Style and the colonial buildings, situated in the heart of Hollywood among and many new high rises and CNN iconic building. The property is adjacent to the 6410 La Mirada with separate APN number and must be sold together and close concurrently. The opportunities are endless. From ADUs to new constructions with densities holding as an investment portfolio are some of high point of these 2 properties. These properties carrying good mix; they are consist of 4 units ( 3+2, 2+1, 1+1, 1+1) and 5 units (2+2 1/2, 1+1, 1+1. 1+1). Fully occupied and lease are M to M with exception of 2 unit. 60% rent upside and value added. Separate meters for Gas and electricity; each unit has its own water heater. some units have washer/dyers or just a hook-up. One of the seller is DRE licensees and has the first choice right of refusal. Buyer must cooperate with seller's 1031 exchange with no coast to buyer. Measurements are estimated, buyers to investigate and verify all measurements, any potential future developments and utilization of the properties and relay on his/hers own source for the accuracies. Seismic been perform on one of the building. Broker, agent and sellers will not be responsible for any discrepancies. Do not disturb the tenants, they are not aware of the sales. Showing by appointment only and upon acceptance of an offer. The properties being sold in AS IS condition with NO SELLERS' WARRANTY and/or repairs. Sellers will select the escrow and title.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.