Active

1351 N Alta Vista Boulevard

Los Angeles CA, 90046

$3,995,000


$634.53 per sqft

Active

6,296 sqft

Commercial

Built in 1939

Listed by Steve Frankel with Coldwell Banker Realty 310-508-5008

We are pleased to present this exclusive investment offering of a 6-unit apartment building with redevelopment potential located in prime Hollywood. The subject property is located at 1351 North Alta Vista Boulevard, Los Angeles, CA 90046 ("Property"). It offers investors and developers a rare opportunity to acquire an existing, character apartment building on a large lot. The Property consists of one structure with a total of 6,296 square feet of rentable space on a single lot with 9,681 square feet of land zoned LAR3. Originally constructed as six apartment buildings and featuring attractive period architecture, the current rents are well-below market due to Los Angeles rent control restrictions. This presents "value-add" potential for an investor or a developer to consider new apartments or condominiums.

24460445

MLS ID

November 5, 2024

Listed

December 5, 2024

Updated

Map

1351 N Alta Vista Boulevard
Los Angeles CA, 90046

Interior Features

Total Stories

2


Laundry Description

In Kitchen, See Remarks


Fireplace

No


Cooling

Yes


Heating

Yes


Heating Description

Combination, Natural Gas

Exterior/Building Features

Lot Size

0.22 Acres


Lot Features

Back Yard, Garden


Roof

Asphalt, Flat

Other Property Details

Area Name

C20 - Hollywood


Days on Market

29


Garage

No


Parking Total

6


View

No


County

Los Angeles


Water Source

Public


Pool

No


Zoning

LAR3

Listing Contact: 310-777-6200 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 12:13 PM UTC

 

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