The Spanish buildings, situated in the heart of Hollywood, surrounded with many new high rises and CNN iconic building. The property is adjacent to the 6412 La Mirada with separate APN number and must be sold and close concurrently. The opportunities are endless. From ADUs to new constructions with high densities or simply hold as an investment portfolio. These properties carrying good mix units; the 6410 is consist of 3+2, 2+1, 1+1, 1+1 (offering at $1.8 Mil) and the 6416 is consist of 2+2 1/2, 1+1, 1+1. 1+1, 1+1. Fully occupied and lease are M to M, with exception of 1 unit. 60% upside in rent. Separate meters for Gas and electricity; each unit has its own water heater. some units have washer/dyers or just a hook-up. One of the seller is DRE licensees and has the first right of refusal. Buyer must cooperate with seller's 1031 exchange at no coast to buyer. Measurements are estimated, buyers to investigate and verify the measurements, potential future developments, city ordinance, permits requirements and relay on his/hers own source for the accuracies thereto. some seismic work was done on one of the building. Broker, agent and sellers will not be responsible for any discrepancies. Do not disturb the tenants, they are not aware of the sales. Showing by appointment only and upon acceptance of an offer. The properties being sold in AS IS condition with NO SELLERS' WARRANTY and/or repairs. Sellers will select the service.
Property Type :
Residential Income
County :
Los Angeles
Style :
Residential Income
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ByOwner last updated this listing 05/02/2024 @ 00:41
MLS: SR24029762
LISTED BY: Gus Shekofte, Beverly and Company
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
