Description

We are pleased to offer for sale 1014-1018 North El Centro Avenue, a seven-unit apartment community located in the Hollywood neighborhood of Los Angeles, just north of Santa Monica Boulevard between Vine Street and Gower Street.Built in 1949, the property comprises 6,375 square feet of improvements on a 6,481-square-foot parcel, with a unit mix of five one-bedroom units and two two-bedroom units. There is approximately 14% rental upside remaining, capturable through ordinary turnover. The offering is priced at $264 per square foot, below the average of the recent comparable sales in the surrounding Hollywood submarket.The property carries a Walk Score of 94, with retail and dining along Santa Monica Boulevard a block south. Paramount Pictures on Melrose Avenue, Sunset Las Palmas Studios, and the Sunset Boulevard creative-office campuses anchored by Netflix are all within about a mile, as are Metro's B Line at Hollywood/Vine and the 101 Freeway.1014-1018 North El Centro Avenue offers investors an opportunity to acquire a well-maintained asset with remaining upside in one of the most established rental submarkets in Los Angeles.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Property details

Bedrooms

9

Bathrooms

7

Square feet

6,375

Year built

1949

Property type

Residential Income

Lot size

6,481 sqft

Location

1014 N El Centro Avenue • Los Angeles, CA 90038

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Listed by

Sean Rosenzweig · Marcus & Millichap

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Recent sales near 1014 N El Centro Avenue

5926 Barton Avenue: Sold $945,000 · 3 bd · 3 ba · 1,790 sqft · Aug 2026 · 0.1 mi
Compass | DRE #01877876
Buyer's agent: Peter Santos, Redfin Corporation | DRE #02078044
5930 Willoughby Avenue: Sold $1,850,000 · 7 bd · 7 ba · 3,930 sqft · Jul 2026 · 0.2 mi
Whiz Realty, Inc | DRE #01989313
Buyer's agent: Jared Robbins, Keller Williams Realty Los Feliz | DRE #02407108
5942 Willoughby Avenue: Sold $1,350,000 · 6 bd · 6 ba · 3,897 sqft · May 2026 · 0.2 mi
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Buyer's agent: John Stiegler II, Lyon Stahl Investment Real Estate, Inc. | DRE #01981597
6024 W Beachwood Lane: Sold $955,000 · 2 bd · 3 ba · 1,576 sqft · Jul 2026 · 0.3 mi
Christie's International Real Estate SoCal | DRE #01159728
Buyer's agent: Naomi Kalkanoff, Compass | DRE #01510364
1232 N El Centro Avenue: Sold $1,282,600 · 3 bd · 2 ba · 2,195 sqft · Jul 2026 · 0.3 mi
COMPASS | DRE #00458783
Buyer's agent: Vanessa Yan, Soulful Abode Los Angeles | DRE #01418060
5806 Waring Avenue 11: Sold $887,000 · 2 bd · 2 ba · 1,340 sqft · Jul 2026 · 0.3 mi
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1244 1/2 Gordon Street: Sold $1,183,000 · 3 bd · 4 ba · 1,939 sqft · Jan 2026 · 0.4 mi
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1147 Wilcox Place: Sold $1,480,000 · 3 bd · 3 ba · 2,500 sqft · Apr 2026 · 0.5 mi
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Closed sales reported in 90038, nearest first, last 12 months. All recent sales in Los Angeles →

9-Bedroom Residential Income - 1014 N El Centro Avenue, Los Angeles, CA