$3,000,000
For Sale by Owner $955/sq ft
Listed 2 months ago

5BR Multi-Family for Sale in Los Angeles, CA

2053 Glencoe Way, Los Angeles, CA 90068
5 Beds
4 Bath
3,142 sq ft
Built 1928
PropSlick Verified Data Key facts & insights for this exact address
$955
Price / sq ft
1928
Year Built
$2,262
Property Tax / yr
3,463 sf
Lot Size
1
Garage Spaces
Los Angeles
County

Key Facts

Property TypeMulti-Family
Year Built1928
Square Footage3,142 sq ft
Lot Size3,463 sq ft
Garage Spaces1
Annual Property Tax$2,262
Price / SqFt$955

Property Description

Exceptional investment opportunity in the heart of the Hollywood Hills. This well-maintained 4-unit apartment building, built in 1928, offers approximately 3,142 square feet on a 3,463 square foot LAR2-zoned lot. The property features a desirable unit mix, strong in-place rental income, and significant long-term upside in one of Los Angeles' most sought-after rental markets.Located just minutes from the Hollywood Bowl, Runyon Canyon, Franklin Village, Hollywood & Highland, major studios, dining, entertainment, and convenient freeway access, the property attracts a broad tenant base seeking the ideal blend of neighborhood charm and urban convenience.The building presents an excellent opportunity for investors seeking stable cash flow with future value-add potential through strategic renovations and rental increases, subject to applicable regulations. Whether you're expanding an existing portfolio or acquiring a trophy asset in a premier Los Angeles location, this is a rare opportunity to own a classic Hollywood Hills fourplex with lasting investment appeal.Property highlights include:* Four residential units* Approximately 3,142 SF building* Approximately 3,463 SF lot* Built in 1928* LAR2 zoning* Prime Hollywood Hills location near shopping, dining, entertainment, hiking trails, and major employment centers* Excellent long-term investment with upside potentialBuyer to independently verify all information, including square footage, zoning, permits, rent amounts, operating expenses, and applicable rent control regulations.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Washer/Dryer
Dishwasher

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
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Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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