2346 N Cahuenga Boulevard, Hollywood, CA 90068
- $1,295,000
- List Price
- $1,295,000
- Price Change
- ▼ $4,000 1684036729
- Status
- ACTIVE
- MLS#
- SR23034200
- Year Built
- 1924
- Lot Size
- 3,838
- Acres
- 0.09
- Lot Location
- Item01UnitAcre
- Days on Market
- 94
- Property Type
- Multifamily
- Style
- Spanish
- Property Sub Type
- Duplex
- Stories
- Two Levels
Property Description
At the offered price, the Seller will buy the rate down to below 6% note rate from a conventional mortgage (equivalent as if buying it for about $1,100,000 with market interest rate)! Welcome to your next investment property that is listed over $100,000 BELOW the appraised value (copy available upon request)! Tenants just moved in with market rents, this is a great investment in a great part of town. This is down the street from the Ford Theater, The Hollywood Bowl, and walkable to the popular and iconic Hollywood neighborhood with shops, restaurants, and entertainment. Alternatively, you can head into the Valley to Studio City, Universal Studios, and more. Both units had been recently renovated with newer flooring, fresh paint, and more. This classic 1920s architecture gives Old Hollywood vibes as it boasts character throughout. The first unit is a 2 bedroom, 1 bath with the second unit being a 3 bedroom, opening up a large pool of future tenants with low vacancy.
Additional Information
- Appliances
- Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater
- Pool Description
- None
- Heat
- Floor Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Exterior Construction
- Stucco
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $6,300
- Operating Expense
- 470
Listing courtesy of Listing Agent: Richard Albert (ralbert@lamericausa.com) from Listing Office: LAMERICA Real Estate.
Mortgage Calculator
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.