6126 Eleanor Avenue Los Angeles, CA 90038

$4,250,000  
0.3 Acres On Site: 15 Days
Built: 1959
Built in 1959, this 21-unit property is located on 12,977 SF lot in the Central Hollywood neighborhood. The two-story building features studios, one-bedrooms, and a bachelor/light housekeeping unit.This offering presents an investor the opportunity to capture the 24% rental upside through renovations when the units turn. Three of the units will be delivered vacant at the close of escrow. Additionally, the subject property has 26 total parking spaces with soft-story work completed (contact agent for details). The property is being offered at a 13.51 GRM on current income.The Central Hollywood neighborhood continues to grow at a rapid pace and attracts high-end residents with the unparalleled access to employment opportunities and entertainment amenities. The subject property has a walk score of 91 and the location allows for a quick commute to both Hollywood and Downtown Los Angeles.
Status:Active Under Contract
Property Type:Residential Income (Multi-Family)
MLS #:18412646
Year Built:1959
On Site:15 Days
Lot Size:0.3 Acres

Detailed Maps

Community Information

Address:6126 Eleanor Avenue Los Angeles, CA 90038
Zip Code:90038

Architecture

Year Built:1959

Features / Amenities

Appliances: Refrigerator

Property Features

Lot Size: 0.3 Acres / 12976 Sq. Ft.
Zoning:R3-1XL
Directions:Beginning south bound. Exit the 101 Freeway and make a right onto Santa Monica Blvd. Continue straight onto Santa Monica Blvd and make a left on Vine St. Then make a left on Eleanor Ave and 6126 Eleanor Avenue will be on your right-hand side.

Tax and Financial Info

Tax Year: 2018
Tax Rate Year: 2018
Total Expenses: 113514.00
Gross Operating Income: 305084.00

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Listing Information Last Updated 12/17/2018
Listing provided courtesy of Neema Ahadian, Marcus & Millichap.
Based on information from California Regional Multiple Listing Service, Inc. as of 12/16/2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Property Summary:
Home for sale at .

Description: The home at 6126 Eleanor Avenue Los Angeles, CA 90038 with the MLS Number 18412646 is currently listed at $4,250,000 and has been on the Los Angeles market for 14 days.

GeoCoordinates:
-118.3256248
34.08955

List Price: $4,250,000

You are viewing the MLS property details of the home for sale at 6126 Eleanor Avenue Los Angeles, CA 90038, which includes 0 bedrooms, 0 bathrooms and has approximately 0 sq.ft. of living area.