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
Courtesy of Marcus & Millichap 818-212-2700
Listing Snapshot
Days Online
0
Last Updated
Property Type
Other
Beds
15
Square Ft.
9,075
Lot Size
0.16 Acres
Year Built
1927
MLS Number
26839471
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
9,075 sq ft, Built in 1927, Levels: Multi/Split
Cooling
Window Unit(s)
Disclosures
None
Garage
None
Heating
None
Lot
LotAcreage: 0.1554, LotSizeArea: 6,768
Parking
TotalParking: 0
Property
NumberOfUnits: 9, Zoning: LARD1.5
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