Hollywood Homes with Quadruplex Subtype

Hollywood Homes with Quadruplex Subtype

Welcome to Hollywood, California—an iconic neighborhood that embodies the glitz and glamour of the entertainment industry. Nestled in the heart of Los Angeles County, Hollywood is not only known for its star-studded streets and historic landmarks but also for its vibrant culture and diverse community. With the Hollywood Walk of Fame, the renowned TCL Chinese Theatre, and the breathtaking views from the Hollywood Sign, this area is a magnet for tourists and locals alike.

For those seeking a unique investment opportunity, Hollywood offers an enticing selection of homes with a quadruplex subtype. These multifamily properties are perfect for savvy investors looking to maximize their rental income while enjoying the perks of living in one of the most sought-after neighborhoods in the world. Quadruplex homes typically feature four separate living units, allowing for multiple streams of rental income, making it an ideal choice for those looking to enter the real estate market or expand their portfolio.

Imagine the possibilities: owning a property where you can reside in one unit while renting out the others, or perhaps investing in a fully rented quadruplex that provides a steady cash flow. The demand for housing in Hollywood remains robust, thanks to its proximity to major studios, trendy restaurants, and cultural hotspots.

Whether you are an investor or a homeowner, Hollywood’s quadruplex homes offer a unique blend of opportunity and lifestyle. Dive into the allure of this iconic neighborhood and discover the potential that awaits you in Hollywood real estate!

Newest Hollywood Homes with Quadruplex Subtype

6101 Afton Pl Place, Hollywood
$1,195,000
SR26216524 MLS ⋅ Active Status
INVESTOR / BUILDER / DEVELOPER OPPORTUNITY! Located in the heart of Hollywood’s Afton Square neighborhood, this classic 1920s Mediterranean-style quadraplex presents a rare opportunity to acquire a large R3-zoned multifamily property with significant upside potential. Situated just minutes from the Hollywood Walk of Fame and directly across from Sunset Gower Studios’ Stage 9, the property offers an exceptional location for investors, owner-users and developers alike. The approximately 7,700-square-foot lot features a character-rich four-unit building with approximately 5,746 square feet of interior space. Each spacious unit offers 2 bedrooms and 1 bath, with oversized interiors, high ceilings, crown molding and the architectural character associated with Hollywood’s classic apartment buildings. Two units are currently ready for rehabilitation, providing an immediate opportunity for a new owner to renovate and reposition the vacant units. The remaining two units are occupied.The property is zoned LAR3, offering potential for future development or expansion. The site may also present opportunities for additional accessory dwelling units or other residential improvements under applicable current City of Los Angeles and California regulations. Buyer to independently verify all zoning, development, ADU, SB 79, density, parking, historic-resource, RSO and other development requirements with the appropriate governmental agencies and qualified professionals.

6101 Afton Pl Place, Hollywood

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.