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1014 N El Centro Ave
Los Angeles, CA 90038 Hollywood

$1,680,000 USD

Apartments For Sale  •  6,375 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,375 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1949
  • Zoning [Q]R4-1VL-CPIO
70 Transit Score
80 Walk Score

Highlights

There is approximately 14% rental upside remaining, capturable through ordinary turnover.
The property is offered at $264 per square foot, below the average of the recent comparable sales in the surrounding Hollywood submarket.
The property carries a Walk Score of 94. Groceries, restaurants and daily needs sit along Santa Monica Boulevard, one block south.
Metro's B Line at Hollywood/Vine connects residents to Koreatown, DTLA and the San Fernando Valley, with the 101 Freeway minutes away.
Major entertainment employers sit within a mile — Paramount Pictures, Sunset Las Palmas Studios, and Netflix's Sunset Boulevard campuses.
The property offers five one-bedroom units and two two-bedroom units.

Public Transportation

Commuter RailDriveWalkDistance
Glendale Amtrak (Pacific Surfliner - Amtrak) 11 min - 6.0 mi
Glendale Metrolink Station (Metrolink Antelope Valley Line - Metrolink Trains, Metrolink Ventura County Line - Metrolink Trains) 12 min - 6.0 mi
Transit/SubwayDriveWalkDistance
Hollywood/Vine Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 18 min 1.0 mi
AirportDriveWalkDistance
Bob Hope 17 min - 9.7 mi
Los Angeles International 26 min - 13.8 mi
Long Beach (Daugherty Field) 40 min - 28.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Sean Rosenzweig 213-943-1897 Marcus & Millichap
Sean Rosenzweig 213-943-1897 Marcus & Millichap