Hollywood (C20) Homes with Multi Family Subtype

Welcome to Hollywood, California – a vibrant neighborhood that perfectly embodies the essence of Los Angeles. Known worldwide for its glitz and glamour, Hollywood is not just the heart of the entertainment industry; it’s a community brimming with rich history, cultural diversity, and an array of lifestyle options. Nestled in Los Angeles County, Hollywood offers residents a unique blend of urban excitement and picturesque landscapes, with iconic landmarks like the Hollywood Sign, Walk of Fame, and the historic TCL Chinese Theatre just a stone's throw away.

For those interested in real estate, Hollywood presents an enticing opportunity, particularly in the realm of multi-family homes. With its dynamic rental market, investing in multi-family properties here can be a lucrative venture. These homes cater to a variety of lifestyles, whether you're seeking a charming bungalow, a modern duplex, or a larger apartment complex. The multi-family subtype not only provides the potential for rental income but also fosters a sense of community among residents.

Living in Hollywood means being at the forefront of cultural events, trendy dining, and vibrant nightlife. The area is well-connected, offering easy access to public transportation and major highways, making commuting a breeze. With its eclectic mix of residents, from artists and entrepreneurs to families and students, Hollywood remains a sought-after location for those looking to immerse themselves in the LA lifestyle.

Explore the possibilities of multi-family living in Hollywood, where every day is an opportunity to experience the magic of 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.