Charming 5-Unit Multifamily Property in Prime Hollywood Location – Value-Add Opportunity! Unlock the potential of this well-maintained 5-unit multifamily property located in the heart of Hollywood, just moments from the iconic Hollywood Strip, major studios, popular restaurants, bars, grocery stores, and the vibrant Larchmont Village. Each unit features 1 bedroom and 1 bathroom, with three units being recently updated with fresh paint, new flooring, and modernized bathrooms. Tenants are responsible for trash, gas, and electricity, while the building covers water only, keeping operating costs low. This property also offers significant upside potential, with expansion possibilities by building upward (buyer to verify), maximizing long-term value in one of LA’s most desirable rental markets. Conveniently located near Larchmont Village, Hancock Park, Melrose, Fairfax, and West Hollywood, this property is a standout investment with strong income potential and development possibilities.
AGENT: Ricardo Velasquez LISTING BROKERAGE: LRS Realty & Management Inc.
Courtesy of LRS Realty & Management Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 901 N El Centro AV
Hollywood, CA
Property Details
Price:
$949,995
MLS #:
SR25168311
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
c20hollywood
Listed Date:
Jan 20, 2026
Total Sq Ft:
2,350
Lot Size:
4,151 sqft / 0.10 acres (approx)
Year Built:
1924
C20 – HollywoodC20hollywood
Ask a Question
See this Listing
Schools
Interior
Appliances
GR, WHU
Cooling
NO
Heating
GAS
Laundry Features
NO
Levels
A
Exterior
Common Walls
_1CW
Community Features
CRB
Financial
Net Operating Income
$73,055
Map
Community
- Address901 N El Centro AV Hollywood CA
- CityHollywood
- CountyLos Angeles
- Zip Code90038
