1563 Gordon Street, Los Angeles, CA 90028

$2,700,000
10
BD
11
BA
6,282
SqFt

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List Price
$2,700,000
Status
ACTIVE
MLS#
26106715
Year Built
1957
Bedrooms
10
Bathrooms
11
Living Sq. Ft
6,282
Lot Size
6,519
Acres
0.15
Days on Market
0
Property Type
Multifamily
Stories
Two Levels

Property Description

1563 Gordon St is a fully renovated 9-unit apartment building in central Hollywood, offered at $2,700,000 ($300,000 per unit, $429.80/SF) at a 6.09% cap rate and 10.54 GRM. Built in 1957 with approximately 6,282 SF, the property was comprehensively renovated under permit, with every permit finaled in 2021: new kitchens and baths in every unit, a full rewire with a new 400-amp service, a copper repipe, new windows and split heat-pump systems. The unit mix is two two-bedrooms, six one-bedrooms and a studio added under permit with its own 2021 Certificate of Occupancy, and the soft-story seismic retrofit is complete (City Certificate of Compliance, 2022). The building sits about 0.2 miles from Sunset Gower Studios and Netflix's Sunset Bronson campus, and 0.4 miles from the Metro B Line at Hollywood/Vine.

Additional Information

Heat
None
Cooling
Yes
Cooling Description
Central Air
Attached Structure
Detached
Number Of Units Total
9

Listing courtesy of Listing Agent: Saadia 'Sam' Liberow (sam.liberow@marcusmillichap.com) from Listing Office: Marcus & Millichap.

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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.