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$3,650,000
16 bed
9,240 Sqft
9,936 Sqft lot

1645 Courtney Avenue, Los Angeles, California 90046

  • Residential Income Property Type
  • 33 Days Time on market
  • $395 Price per sqft
  • 1949 Year Built
Property Description

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.

Basic Details
Residential Income
Buy
24373435
$3,650,000
16
9,240 Sqft
1949
9,936 Sqft
Active
Condos/Co-ops
Features
: Wall/window Unit(s)
8
$0
Address
CA
Los Angeles
Los Angeles
90046
1645 Courtney Avenue
1645
Avenue
0
W119° 38' 33.4''
N34° 6' 5''
Additional Information
33
2
2
12
: Two
1
9,240 Sqft
0 Sqft
0 Sqft
0.23 Sqft
9,936 Sqft
1
0 Sqft
LAR3
5551013009
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
27/03/2024 11:16:35
$0
: Standard
East of Fairfax, West of La Brea & North of Sunset
Destrahan
Harry Hurst
Lyon Stahl Investment Real Estate, Inc.
Michael Monempour
CLW-X82195
CLW-C129697
$0
5.46
1
1
0
0
1
1
12
314952
US-06037-N-5551013009-R-N
27/03/2024 18:22:35
Courtney
C20 - Hollywood
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