Hollywood (C20) Homes with Multi Family Subtype

Welcome to Hollywood, a vibrant neighborhood nestled in the heart of Los Angeles, California. Renowned for its iconic landmarks, such as the Hollywood Sign and the Walk of Fame, this dynamic area is a melting pot of culture, creativity, and opportunity. With its rich history in the entertainment industry, Hollywood attracts residents and visitors alike, making it one of the most sought-after locales in Los Angeles County.

For those considering a multi-family home investment, Hollywood offers a diverse array of properties that cater to various lifestyles and budgets. Multi-family homes in this region provide an excellent opportunity for both seasoned investors and first-time buyers looking to enter the real estate market. These properties not only allow for potential rental income but also foster a sense of community among residents.

Living in a multi-family home in Hollywood means being just steps away from a plethora of dining, shopping, and entertainment options. Stroll down Sunset Boulevard, explore the eclectic boutiques on Melrose Avenue, or catch a live show at the historic Pantages Theatre. With easy access to public transportation and major highways, commuting to other parts of Los Angeles is a breeze.

Additionally, Hollywood's vibrant arts scene, coupled with its proximity to major employers in the entertainment industry, makes it an attractive location for renters and homeowners alike. Whether you're looking to invest or find a place to call home, Hollywood's multi-family housing options offer a unique blend of charm, convenience, and potential. Discover the possibilities that await you in this iconic neighborhood!

Newest Hollywood (C20) Homes with Multi Family Subtype

$2,600,000

SR26079848 MLS ⋅ Active Status

INVESTORS: Don’t miss this elegant Spanish-style courtyard 10-unit apartment building, featuring a brand-new roof and recently renovated units completed in late 2025. Offered for the first time in over 20 years, this well-maintained property is owned by a motivated, retiring seller. Located in a prime Hollywood neighborhood, the property offers exceptional convenience with close proximity to shopping, dining, entertainment, hospitals, schools, and easy access to major freeways, including the 101, 10, 110, and 5. Enjoy the vibrant lifestyle and nightlife that Hollywood is known for. Street parking is readily available throughout the surrounding area. The property consists of three separate buildings: 1. Right building # 1246 : 3 units. 2. Left building # 1250 : 3 units. 3. Real building # 1248: 2-story structure with 2 units upstairs and 2 units downstairs. The tenant mix includes long-term residents with both month-to-month and one-year lease agreements. Each unit is separately metered with 10 gas meters and 10 electric meters. Tenants pay their own gas, electricity, and trash services. The landlord pays for water bills. Financial Highlights: Gross annual income $ 141,372.00. Total annual expenses $ 40,115.00. ( Gardener: $ 2,400.00., Insurance $ 17,000.00, Property Taxes $ 14,715.00, water $ 6,000.00 ). The seller intends to complete a 1031 exchange. Buyer cooperation is requested; however, this will not result in any additional cost to the buyer.

1246 N Kenmore Ave, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.