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6126 Eleanor Ave, Los Angeles (City)
Built in 1959, this 21-unit property is located on 12,977 SF lot in the Central Hollywood neighborhood. The two-story building features studios, one-bedrooms, and a bachelor/light housekeeping unit.This offering presents an investor the opportunity to capture the 24% rental upside through renovations when the units turn. Three of the units will be delivered vacant at the close of escrow. Additionally, the subject property has 26 total parking spaces with soft-story work completed (contact agent for details). The property is being offered at a 13.51 GRM on current income.The Central Hollywood neighborhood continues to grow at a rapid pace and attracts high-end residents with the unparalleled access to employment opportunities and entertainment amenities. The subject property has a walk score of 91 and the location allows for a quick commute to both Hollywood and Downtown Los Angeles.
- MLS® #18412646
- Square Footage12,108
- Year Built1959
- TypeResidential Income
- Sub-TypeApartment Building
- StatusBack Up Offer
- Parking Spaces26
- Date ListedNovember 14th, 2018
- Days on Market62
- Address6126 Eleanor Ave
- AreaHollywood (C20)
- CityLos Angeles (City)
- CountyLos Angeles
- Zip Code90038
- HeatingWall Heater
- # of Stories2
- Listing AgentNeema Ahadian(01346750)
- Listing OfficeMarcus & Millichap
Price Change History for 6126 Eleanor Ave, Los Angeles (City), CA (MLS® #18412646)
|Back Up Offer (from Active)||–||–|
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Last updated on January 15th, 2019 at 7:45pm PST