Attention Investors, Rehabbers, Builders, and Developers! 3 Duplexes on 3 lots in prime Hollywood Heights locale in original condition with expansive city views. Tucked away in a lushly landscaped tranquil environment, you feel like you're in the middle of the woods, though are only a few blocks away from the Hollywood shops, restaurants, entertainment, and nightlife. Steps to Yamashiro's Farmers Market on Thursdays, Hollywood Bowl, Hollywood & Highland, Runyon Canyon, and countless other amenities. All properties zoned R2. According to city zoning engineer, Baseline Hillside Ordinance does not apply here. Can rehab the property all at once or one building at a time to raise rents, or tear down one, two, or all to build new. Studio recently rehabbed. With about a 5.5% cap rate, this property has the ability to generate cash flow now, while you develop your plans, or simply as a long term investment with significant upside potential in rents. Seller is motivated. Make us an offer!
Make an Offer for 6921 PASEO DEL SERRA
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