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$3,650,000
30 Days Online

1645 Courtney Avenue
Los Angeles, CA 90046

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by Michael Monempour of Lyon Stahl Investment Real Estate, Inc. ?

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1645 Courtney Avenue1645 Courtney Avenue1645 Courtney Avenue1645 Courtney Avenue
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1645 Courtney Avenue and 7706 Hollywood Blvd are being offered for sale for the first time in over 50 Years!The offering consists of 22 Units and 17,580 of rentable living space located in the heart of Hollywood just off of Nichols Canyon. This unique rarely traded asset is situated in one of the most desirable rental markets in Los Angeles adjacent West Hollywood. There is an excellent unit mix consisting of Six 2 Bedroom / 1 Bathroom, fourteen 1 Bedroom / 1 Bathroom & Two Studio Units which is very desirable for today's rental market. Furthermore, 12 Units are being delivered Vacant at the close of escrow! This is a unique opportunity for a savvy investor to acquire a value-add property and immediately recognize it's potential. Additionally, the properties sit on a large 20,307 sf lot split between two parcels to prevent against ULA Tax for a potential exit strategy.

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Listing Snapshot
Price 
$3,650,000
Days Online 
30 Days
Bedrooms 
16
Inside Area (SqFt) 
9,240 sqft
Total Baths 
12
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2281 Acres
Year Built 
1949
MLS® Number 
24373435
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
a month agoListing first seen online
General Features
Parking 
Driveway Down Slope From Street
Parking Spaces 
8
Number of Stories 
2
Acreage 
0.2281
Zoning 
LAR3
Listing Conditions 
Standard
Interior Features
Cooling 
Wall Window Units
Heating 
None
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Community Features
Senior Community 
No
MLS Area 
C20 - Hollywood


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. The 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.

Neighborhood & Commute
Source: Walkscore
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