Hollywood Homes with Quadruplex Subtype

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Newest Hollywood Homes with Quadruplex Subtype

$1,195,000

SR26216524 MLS ⋅ Active Status

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.

6101 Afton Pl Place, Hollywood

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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.