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1545 Gordon Street Los Angeles, CA 90028
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Key Details
Sold Price $4,000,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC25125267
Bedrooms 3
Lot Size 0.299 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
1545 Gordon Street is a well-maintained 16-unit multifamily property located in the heart of Hollywood, one of Los Angeles most vibrant and rapidly evolving neighborhoods. Built in 1965, this two-story courtyard-style apartment complex totals approximately 14,502 square feet and offers an ideal unit mix of (9) one-bed/one-bath and (7) two-bed/two-bath unitsproviding a balanced income stream and strong tenant appeal. Positioned on a 13,017 SF lot zoned LA-R4, the property features 21 secure underground garage parking spaces, a highly sought-after amenity in this dense urban submarket. Recent capital improvementsincluding newer windows, a new boiler, fresh exterior paint and doors, and upgraded stairwaysenhance the propertys curb appeal while minimizing future maintenance costs. Additional amenities include private balconies, a coin-operated laundry room, automated entry gates, and a modern intercom and camera security system for enhanced resident safety. Just steps from Sunset Boulevard and surrounded by major developments, entertainment studios, and cultural landmarks, 1545 Gordon Street offers investors a rare opportunity to acquire a stabilized asset with both immediate income and long-term value-add potential in one of LAs most iconic rental markets.
Location
State CA
County Los Angeles
Zoning Assessor
Interior
Heating Forced Air Unit
Cooling Wall/Window
Exterior
View Y/N No
Building
Story 2
Others
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Bought with Hovhannes Baghdasaryan HB Real Estate Group
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