Pending

8016 Selma Avenue

Los Angeles, CA 90046

$3,195,000 $13,470/Mo

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Overview

Bed

Bath

9,884

Sqft

14,601

Sqft(Lot)

Description

First time on the market in over 65 years! This spectacular French Normandy courtyard style building has been held by the same family through 7 decades. Prize location, just 2 blocks from the legendary Chateau Marmont, at the east entry of the Sunset Strip. 8 generously proportioned units comprised of 4 -2 bedroom/ 2bath townhouse style units and 4- 1 bedroom/1 bath units sited on a lot of over 14000 square feet! Character abounds! Original stained glass living room windows, kitchens with floor to ceiling tiled walls, decorative fireplace mantles and iron work, warm original hardwood flooring in excellent condition, magnesite stairways. All units have their own rear service entrance as well as laundry hook-ups. Built in 1937, only 5 years after the Chateau was converted to a hotel, the his tory in these walls is palpable! Lovingly maintained, through the years. All of the main electrical boxes have been upgraded, 6 of the 8 units have had their interior panels upgraded. 80% of the plumbing supply lines have been replaced. 2 4-car garages at the rear with a remote operated gate offer ample and secure off-street parking for each unit. Income of almost $200,000 per year, yet room to grow by 50% with these 8 units alone, to say nothing of potential additional development opportunities afforded by the oversized lot! This is a trophy building in an iconic and upscale location waiting to reward your stewardship with income and genuine pride of ownership through the next several decades. Call agent for details.

Property Details

Property Type : Residential Income

Price : $3,195,000

AD Id : 76807697

MLS Id : 26672285

Beds : 12

Lot Size : 14,601 Sqft

Living Area Size : 9,884

Year Built : 1937

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 12

Bathroom Information

Total Baths: 12 Full Baths: 0 Half Baths: 0

Water/Sewer

Sewer: Sewer Tap Paid
Interior Features

Roof: Rolled/Hot Mop Interior Features: Ceiling Fan(s),Crown Molding Fireplace: Decorative Flooring: Tile,Wood
Cooling Features

Wall/Window Unit(s) Air Conditioning

Heating Source

Gravity Has Heating

Fireplace

Fireplace Features: Decorative Has Fireplace: 1

Building Information

Year Built: 1937 Building Area Total: 9,884 Roof: Rolled/Hot Mop
Pool Features

None

Laundry Features

Inside,Stacked

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.3352
Lot Size Source: Assessor Lot Size Square Feet: 14601

Listing Price Information

Original List Price: 3,195,000 Listing Contract Date: 2026-04-06
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5551017035

Garage and Parking

Garage Description: Covered,Driveway,Gated

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: Cable TV,Electricity

Other Property Info

Source Listing Status: Pending Source Neighborhood: C03 - Sunset Strip - Hollywood Hills West Postal Code Plus 4: 2505 Directions: 1 block east of Crescent Heights, 1 block north of Sunset Zoning: LAR3 Source Property Type: Residential Income Area: C03 - Sunset Strip - Hollywood Hills West
Building and Construction

Property Age: 89 Year Built Source: Assessor Total Square Feet Living: 9884 Entry Location: Foyer Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

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2004 La Brea Terrace, Los Angeles, CA, 90046	$4,998,000	4	4	4,018	4,018 SqFt
7148 Marshfield, Los Angeles, CA, 90046	$1,190,000	2	1	1,236	1,236 SqFt
1530 N Formosa Avenue, Los Angeles, CA, 90046	$3,100,000	13	--	8,198	8,198 SqFt
2650 Lisco Pl, Los Angeles, CA, 90046	$3,400,000	6	6	3,700	3,700 SqFt
7377 Pyramid Place, Los Angeles, CA, 90046	$3,395,000	4	3	4,283	4,283 SqFt
2841 Montcalm Avenue, Los Angeles, CA, 90046	$3,999,000	4	2	4,409	4,409 SqFt
2695 La Cuesta Drive, Los Angeles, CA, 90046	$2,199,000	4	3	2,596	2,596 SqFt
2651 La Cuesta Drive, Los Angeles, CA, 90046	$2,495,000	5	5	6,140	6,140 SqFt
7431 Del Zuro, Los Angeles, CA, 90046	$1,650,000	3	2	1,361	1,361 SqFt
1227 N Formosa Avenue #1, Los Angeles, CA, 90046	$2,795,000	2	2	2,330	2,330 SqFt

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ByOwner last updated this listing 06/18/2026 @ 22:45

MLS: 26672285 LISTED BY: Steven Senigram, Keller Williams Larchmont 323-762-2600 SOURCE: CRMLS