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Commercial

SOLD: 6919 Paseo Del Serra Hollywood Hills Income Property

$3,050,000

sold

Click Me

stats

units

6

lot_sq._ft.

16,196

building_sq._ft.

4,295

year

1932

property

Apartments

space

Bungalows

area

Hollywood Hills

parking

6 Spaces

details

Nestled in a quiet enclave atop the Hollywood Hills is this unique 6-Unit income property. The opportunity includes 3 adjacent hillside parcels with a California bungalow duplex constructed on each. The units have great city views with a private compound feel. The property has undergone various upgrades throughout the years, but still has value-add potential. Current Rents are approximately 21% under market, giving a new owner significant upside through cosmetic renovations and potential to add ADUs to the existing unit count. The Tier 3 TOC zoning also provides redevelopment potential.

location

6919 Paseo Del Serra

Los Angeles

photos

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contact

ED
FAKTOROVICH

CEO & Broker

(323) – 270 – 9303

ed@figure8re.com

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Figure 8 Realty | 1509 West Sunset Boulevard Suite B | Los Angeles, CA 90026 | (213) - 537 - 0114 | Login

Figure 8 Realty | Highland Park Office | 5683 York Blvd | Los Angeles, CA 90042 | (323) - 507 - 2114

Broker | Ed Faktorovich | BRE #01401897