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$2,700,000

FOR SALE
Active

1563 Gordon Street

Los Angeles, CA

MLS# 26106715

6,282 Sq Ft10bd • 11ba
1 day on marketNalren refreshed

Listing Agent

Saadia 'Sam' Liberow

Listing Agent

Marcus & Millichap

DRE #: 01933858

(818) 212-2700

Brokerage: Marcus & Millichap

Property Details

10

Bedrooms

11

Bathrooms

6,282 sqft

Square Feet

1957

Year Built

6,519 sqft

Lot Size

$430

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

Description

1563 Gordon St is a fully renovated 9-unit apartment building in central Hollywood, offered at $2,700,000 ($300,000 per unit, $429.80/SF) at a 6.09% cap rate and 10.54 GRM. Built in 1957 with approximately 6,282 SF, the property was comprehensively renovated under permit, with every permit finaled in 2021: new kitchens and baths in every unit, a full rewire with a new 400-amp service, a copper repipe, new windows and split heat-pump systems. The unit mix is two two-bedrooms, six one-bedrooms and a studio added under permit with its own 2021 Certificate of Occupancy, and the soft-story seismic retrofit is complete (City Certificate of Compliance, 2022). The building sits about 0.2 miles from Sunset Gower Studios and Netflix's Sunset Bronson campus, and 0.4 miles from the Metro B Line at Hollywood/Vine.

Facts & Features

Building

Year Built
1957
Living Area
6,282 sqft
Building Area Total
6,282
Levels
Two
Stories Total
2

Utilities

Heating
None
Cooling
Central Air

Parking

Parking Features
Controlled Entrance
Parking Total
0

Community / HOA

HOA
No

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CRMLS

MLS# 26106715

Listed:

Nalren refreshed:

Last updated

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Listed by: Marcus & Millichap

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Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.