1645 Courtney Avenue
1645 Courtney Avenue
$3,650,000
16
12
9,240
9,240
$395
Description
1645 Courtney Avenue and 7706 Hollywood Blvd are being offered for sale for the first time in over 50 Years! The offering consists of 22 Units and 17,580 of rentable living space located in the heart of Hollywood just off of Nichols Canyon. This unique rarely traded asset is situated in one of the most desirable rental markets in Los Angeles adjacent West Hollywood. There is an excellent unit mix consisting of Six 2 Bedroom / 1 Bathroom, fourteen 1 Bedroom / 1 Bathroom & Two Studio Units which is...1645 Courtney Avenue and 7706 Hollywood Blvd are being offered for sale for the first time in over 50 Years! The offering consists of 22 Units and 17,580 of rentable living space located in the heart of Hollywood just off of Nichols Canyon. This unique rarely traded asset is situated in one of the most desirable rental markets in Los Angeles adjacent West Hollywood. There is an excellent unit mix consisting of Six 2 Bedroom / 1 Bathroom, fourteen 1 Bedroom / 1 Bathroom & Two Studio Units which is very desirable for today's rental market. Furthermore, 12 Units are being delivered Vacant at the close of escrow! This is a unique opportunity for a savvy investor to acquire a value-add property and immediately recognize it's potential. Additionally, the properties sit on a large 20,307 sf lot split between two parcels to prevent against ULA Tax for a potential exit strategy.
- Listed by Michael Monempour • DRE #01996829 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.
Property Details for 1645 Courtney Avenue
Zoning
LAR3
Parcel Number5551013009
Total Units12.0
Living Area9240
Source Living AreaVendor Enhanced
AreaHollywood (C20)
Vacancy Rate66.6
Lot Size Area9936
Location
LISTING UPDATED: 04/04/2024 12:01 AM
Property Details for 1645 Courtney Avenue
Status | Active |
---|---|
MLS # | 24-373435 |
Days on Market | 32 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1949 |
Lot Size | 0.23 AC / 9,936 SF |
County | Los Angeles County |
Location
Building Information for 1645 Courtney Avenue
Stories2Residences-Year Built1949Building Size-Lot Size0.23 AC / 9,936 SF
Payment Calculator
$20,422 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1645 Courtney Avenue
Property History for 1645 Courtney Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1645 Courtney Avenue
Taxable ValueLand$156,845Additions$178,891Total$335,736
Tax Record2023$6,024 ($502 / month)
Home Facts
Total Finished SqFt9,240 SqFtAbove Grade Finished SqFt9,240 SqFtLot Size9,933 SqFtStyleMulti-Family Res (5+ Units)Year Built1949ZoningLAR3CountyLOS ANGELESAPN5551-013-009
Schools near 1645 Courtney Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Gardner Street Elementary School PublicK to 5 | ||
Hubert Howe Bancroft Middle School Public6 to 8 | ||
Hollywood Senior High School Public9 to 12 | ||
Fairfax Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.