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901 N El Centro Avenue, 
Hollywood, CA 90038

$1,195,000


4

Beds


4

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Ricardo Velasquez

Lrs Realty & Management Inc.

Last updated:

August 10, 2025, 02:22 PM

MLS#

SR25168311

Source:

SANDICOR

About This Home

901 N El Centro Avenue

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. Two units 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. PLEASE NOTE: Ownership will conduct a 1031 exchange which should hopefully take no more than 45-60 days.

Home Facts

Multi-Family

4 Baths

4 Bedrooms

Price Summary

1,195,000

MLS #:

SR25168311

Last Updated:

August 10, 2025, 02:22 PM

Added:

18 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4


Finances & Disclosures

Finances

Price:

$1,195,000

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