$1,299,000

Estimated payment $8,112/month

Total Views 93
4 Beds
3 Baths
3,136 Sq Ft
$414 Price per Sq Ft

Highlights

  • Fireplace
  • Laundry Room
  • Heating Available
  • Cooling Available
  • Bike Trail

About This Home

Motivated Seller. Live Upstairs, Rent the Rest - Spacious Hollywood Triplex (3,136 Sq Ft + Development Potential)Own a versatile triplex in the heart of Hollywood with 3,136 sq ft of living space--perfect for both owner-users and investors seeking rental income and future development upside. The entire upper level is a Large 2-bedroom, 1-bath owner's unit, which will be delivered vacant--ready for immediate move-in or market-rate leasing. This light-filled space includes a large living room, breakfast nook, dining room, laundry room, and both front and rear entrances. Step outside to enjoy two private rooftop patios, ideal for entertaining or relaxing in the California sun. The two 1-bedroom, 1-bath units on the lower level are tenant-occupied, generating steady income to help offset mortgage expenses. Also included is a 3 car garage with an additional yard. Ideally located just off Wilton Place and Santa Monica Boulevard, the property boasts a Walk Score of 90--with restaurants, cafes, shops, and Larchmont Village all within easy reach. You're minutes from major studios, hospitals, and the future Echelon Studios Complex, a 550,000 sq ft production and retail hub slated to open in 2026.Even more potential: The current building ordinance allows for additional units and ADUs (Accessory Dwelling Units)--offering a rare chance to expand and increase cash flow in a high-demand rental area. This is a unique opportunity to live, earn, and build in one of LA's most desirable and centrally located neighborhoods.Buyer to independently verify all information, including square footage, zoning, and development potential.

Listing Agent

Constandinos Vagenas

Goldstone Group License #01947555 Listed on: 10/28/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,737 Sq Ft Lot
  • Two or More Common Walls
  • No Sprinklers

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 3,136 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 5535001017

Community Details

Overview

  • 2 Buildings

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $6,000
  • Operating Expense $9,000
  • Gross Income $67,872
  • Net Operating Income $59,972

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 5535001017
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 414.22

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6737.00
  • Lot Size Acres: 0.1547

Multi Family

  • Garage Income: 122.00
  • Gross Income: 67872.00
  • Gross Scheduled Income: 67872.00
  • Insurance Expense: 6000.00
  • Lot Size Area: 6737.0000 Square Feet
  • Net Operating Income: 59972.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Operating Expense: 9000.00
  • Rent Control: Yes
  • Total Expenses: 9000.00

Tax Info

  • Tax Lot: 30

Map

Range of Values:

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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 List to Sale Price per Sq Ft
10/28/2025 10/28/25 For Sale $1,299,000 -- $414 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-24723

Pasadena-Foothills Association of REALTORS®