Apartment for sale in Southern California — $949,995. 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 t…
$949,995
901 N El Centro Avenue, Hollywood, CA 90038
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.
Listing updated: June 17, 2026 at 2:08 PM
Listed by: Ricardo Velasquez, LRS Realty & Management Inc.
Source: CRMLS, MLS#: SR25168311, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
2/06/2026 Source: CRMLS, #SR25168311 | Price change | $949,995+2.1% |
| 7/26/2025Source: CRMLS, #SR25168311 | Listed for sale | $930,444 |
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