We are proud to present a rare investment opportunity in the heart of Hollywood at 1351 North Alta Vista Boulevard, Los Angeles, CA 90046. This property is a 6-unit apartment building, offering exceptional potential for redevelopment and expansion. Nestled on a spacious 9,681 square foot lot with LAR3 zoning, the property currently features a single building with a total rentable space of 6,296 square feet. Originally constructed with six separate apartments, the building showcases classic period architecture, providing a unique charm. With rents currently set below market, this property offers substantial "value-add" potential. Additionally, approved plans for a new development could increase the unit count to a total of 26, transforming the building into a modern masterpiece. This redevelopment would complement the neighboring sister building, offering a cohesive and contemporary aesthetic for the area. The current unit make-up is one 2-bedroom unit and five 1-bedroom units. All with one bathroom and laundry in each unit. There is a large garage in the back offering one stall per unit. Whether you're an investor looking for a property with significant upside or a developer seeking a prime location for a high-end residential project, this offering presents an exciti
MLS #
CRSR25068016
MLS Source
California Regional MLS
Days on Site
57
Appliances
Other, Oven - Gas, Oven Range, Oven Range - Gas, Dryer, Washer
Flooring
Laminate
Cooling
Window/Wall Unit
Heating
Wall Furnace
Roof
Shingle
Foundation
Slab
Style
French
Garage/Parking
Assigned Spaces, Garage, Off-Street Parking, Private / Exclusive, Garage: 6 Car(s)
HOA Fee
$0
Listing Agent
Todd Jones
Rodeo Realty
License #: 01481426
Phone: –
Co-Listing Agent
Jeffrey Brager
License #: 02059470
Phone: –
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 6 | – |
1351 N Alta Vista Bld is a Residential Income in Los Angeles, CA 90046. This – square foot property sits on a 9,685 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,000,000 and was built in 1939.
This address can also be written as 1351 N Alta Vista Bld, Los Angeles, CA 90046.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of March 29, 2025. For the most current information, please contact Todd Jones