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$949,995
901 N El Centro Avenue, Hollywood, CA 90038
4Beds
4Baths
157Days Listed
Listed by Ricardo Velasquez, LRS Realty & Management Inc. | 818-355-2549
About This Property
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. One unit will be delivered vacant at close, offering a rare opportunity for an owner-user or investor to lease at market rates currently ranging from $1,600 to $1,900/month or move in and enjoy the unbeatable location. Tenants are responsible for their own gas and electricity, while the building covers water and trash, 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 LAs 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.
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 4
- Bathrooms
- 4
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Original Price
- $1,195,000
Location & Neighborhood
What's nearby 901 N El Centro Avenue, Hollywood, CA 90038
Nearby Schools
- Vine Street Elementary School0.2 mi
elementary
- Vine Street Early Education Center0.2 mi
elementary
- 0.3 mi
Parks & Recreation
- Lucy Park0.2 mi
park
- 0.4 mi
- Production Park0.4 mi
park
Transit Access
- Vine & Willoughby0.1 mi
Bus Stop
- Gower & Romaine0.2 mi
Bus Stop
- Gower & Waring0.2 mi
Bus Stop
- Santa Monica & Vine0.3 mi
Bus Stop
- Vine & Santa Monica0.3 mi
Bus Stop
Local Amenities
Dining
- Star of Índia0.2 mi
- Osteria Mamma0.3 mi
Grocery
- Pavilions0.2 mi
Coffee & Cafes
- Water Tower Market & Cafe0.2 mi
- Starbucks0.2 mi
Banking
- ATM0.3 mi
Fitness
- Gold's Gym0.3 mi
POI data updated 2/22/2026
Last updated: Feb 7, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.
$949,995