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5912 Willoughby Ave
Los Angeles, CA 90038 Hollywood

$2,900,000 USD

Apartments For Sale  •  6,124 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,124 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1979
  • Zoning R3, Los Angeles
70 Transit Score
80 Walk Score

Highlights

Turnkey 12-Unit Apartment Community: Rare opportunity to acquire a fully renovated residential asset in a sought-after Hollywood rental neighborhood.
Excellent Cash Flow Opportunity: Strong in-place income combined with the lease-up of the newly constructed ADUs provides stable cash flow on day 1.
Two Newly Constructed ADUs: Two newly constructed accessory dwelling units (ADUs) located on the ground level are nearly completed.
Not Subject to LA City RSO: Governed by CA’s Tenant Protection Act (AB 1482), for annual rent increases up to 8.7% for the 2026 adjustment period.
Fully Renovated Units: With updated kitchens, modern bathrooms, wood-like flooring, stainless steel appliances, in-unit laundry, & individual HVAC.
Ideal Hollywood Location: Between Larchmont Village and Melrose Ave, where nearby amenities, employers, and education support long-term rental demand.

Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Freezer
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Glendale Amtrak (Pacific Surfliner - Amtrak) 12 min - 6.2 mi
Glendale Metrolink Station (Metrolink Antelope Valley Line - Metrolink Trains, Metrolink Ventura County Line - Metrolink Trains) 12 min - 6.2 mi
AirportDriveWalkDistance
Bob Hope 18 min - 9.9 mi
Los Angeles International 26 min - 13.7 mi
Long Beach (Daugherty Field) 40 min - 28.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Will James 424-322-1049 Lyon Stahl Investment Real Estate
Will James 424-322-1049 Lyon Stahl Investment Real Estate