1220 N Van Ness Ave is a well-maintained 9-unit apartment located in the heart of Hollywood! Built in 1961, the property features seven (7) 1+1 units and two (2) 2+2 units, totaling approximately 6,480 SF of rentable space on a 7,364 SF LAR3-zoned corner lot! It includes eight tandem parking… Read More spaces and two (2) additional tuck under spaces at the rear. The property is separately metered for gas and electricity, has completed its seismic retrofit, and presents significant rental upside potential! Additionally, there is a laundry room that is currently not being utilized that could provide additional income in the future. One (1) unit currently VACANT! Situated near Sunset Blvd and Wilton Pl, it benefits from its prime location within Hollywood's thriving residential and commercial core. The property is ideally positioned near major employment centers, entertainment studios, post-production houses, retail corridors, and hospitals. Rated Very Walkable with a Walk Score of 88, the property offers easy access to the restaurants, cafes, and shopping the area is known and loved for. Nearby popular destinations include Osteria La Buca, Ggiata Delicatessen, and Great White. Located near Echelon Studios Complex a project of 550,000 SF of new production studio, office, and retail space set to be completed this year. The property also provides excellent and easy access to the 101 Freeway, along with close proximity to the Metro B Line (Red Line). Read Less
Courtesy of Equity Union 818-989-2000
Listing Snapshot
Days Online
45
Last Updated
Property Type
Other
Beds
11
Square Ft.
6,480
Lot Size
0.17 Acres
Year Built
1961
MLS Number
26710485
30 Days Snapshot Of 90038
$1.23M
+16%
(avg) sold price
1
-80%
home sold
166
+219%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
6,480 sq ft, Built in 1961, Levels: Two
Cooling
Ceiling Fan, Wall/Window
Disclosures
None
Accessibility Features
None
Fireplaces
None
Garage
Tandem, Gated
Heating
Wall Gas
Lot
LotAcreage: 0.1691, LotSizeArea: 7,364
Miscellaneous
None
Parking
TotalParking: 8
Pool
PoolYN: False, None
Property
NumberOfUnits: 9, Zoning: LAR3
Spa
Has spa, None
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