NOT LISTED FOR SALE
4 Beds
2 Baths
2,008 Sq Ft
6,065 Sq Ft Lot

Last Sold May 10, 2019

Last sale price $1,775,000 $884 Per Sq Ft

55 Days on Market

About This Home

As of May 2019

Calling all investors and developers! Property street address is 721-723 N Cahuenga Blvd. (723 N Cahuenga is front building, 721 is back) Come take advantage of the rapidly growing urbanization of historic Hollywood. This gated property is located 1/2 block from swanky Hancock Park, just a stones throw north of Melrose Ave and a few blocks from trendy Larchmont, which makes this property prime for development. Walking distance to markets, gyms, restaurants and all that this up and coming area has to offer. Hollywood is experiencing a tremendous rise in popularity for its vibrant city living and is one of the fastest growing markets in the country. Front building is vacant. Back building can be delivered vacant. Please drive by property. Please do not disturb tenants. Easy to show front unit. Back unit will be shown with accepted offer.

Last Agent to Sell the Property

lisa locker

Lisa Locker, LLC License #01356760 Listed on: 03/12/2019

Last Buyer's Agent

Tyrone McKillen

Plus Real Estate License #01915539

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 6,065 Sq Ft Lot

Interior Spaces

  • 2,008 Sq Ft Home
  • 2-Story Property
  • Alarm System

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • Gated Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5533-033-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2008
  • Stories: 2
  • Year Built: 1912
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System
  • Price Per S Q F T: 883.96

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 6

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 20680
  • Assessed Land Value: 77413
  • Assessor Parcel Number: 5533-033-016
  • Geocode Override: No
  • Lot Size Area: 6065

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 20.00
  • Number Of Units: 2
  • Total Annual Expense: 7250
  • Type Of Units: buildings
  • Vacancy Rate: 50

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $1,775,000 0.0% $884 / Sq Ft
03/12/2019 03/12/19 For Sale $1,775,000 -- $884 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-443144

The MLS