Prime Hollywood Character Asset Below Replacement Cost! Offered at $2,250,000, 1131-33 Lodi Pl represents an incredibly compelling acquisition basis at approximately $250,000 per unit and $247.93 per square foot. Built in 1927, this vintage 9-unit property boasts classic architectural character that stands out from generic inventory, providing an excellent repositioning… Read More opportunity to blend historic charm with modern upgrades. The building features a highly desirable rental mix of three 1-bedroom/1-bath units and six large 2-bedroom/1-bath units perfectly aligned with current tenant demand. Situated in a prime, high-demand Hollywood location, the property benefits from immediate proximity to major employment hubs, legendary entertainment destinations, premier retail corridors, and vibrant neighborhood amenities. With rising construction costs and limited local development opportunities, this asset offers investors reduced supply risk and strong, long-term rental growth upside. Read Less
Property listed by Marcus & Millichap, Saadia 'Sam' Liberow 818-212-2700
Listing Snapshot
Days Online
15
Last Updated
Beds
15
Square Ft.
9,075
Lot Size
0.16 Acres
Year Built
1927
MLS Number
26839471
Additional Details
Building
Built in 1927, Living area: 9075.0, 1 building, Levels: MultiSplit
Heating
None
Income
Gross Income: $215,934, Net Operating Income: $131,335
Lot
0.1554 acres
Parking
None
Taxes
Parcel Number: 5534007018, Zoning: LARD1.5
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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