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6040 Graciosa Drive

Hollywood, CA 90068
  • $2,800,000
  • STATUS: Active
  • ON SITE: 27 Days
  • ID#: CV21224331
UPDATED: 81 min ago
$2,800,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1928
County:

School Ratings & Info

Listing provided courtesy of Steven Tong of K.W. Executive

Description

Up for sale is the amazing Classic Hollywood 4 plex with excellent upside potential for steady cash-flows. One highly desirable neighborhood, the property is ideally situated off the iconic Hollywood sign Beachwood Blvd, on the quiet Graciosa Drive. They come with off-street parking and front fences for additional privacy for tenants. Ideal and convenient locations to nearby banks, restaurants, Trader Joes, and nearby attractions like Pantages, Melrose, The Grove, Universal Studio, Griffith Observatory, etc. Excellent location just off the 101 freeway, to DTLA, Studio City, Glendale, and nearby cities, huge upside potential in the area, Dont wait and buy, buy and wait. Buyer and buyer agent to do all their own due diligence. Please do not disturb tenants. Subject to interior viewing upon offer accepted.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T21:29:04.5. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123049884
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6040 Graciosa Drive Hollywood, CA 90068

  • Price: $2,800,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 81 min ago
  • ID#: CV21224331
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1928
Built
Neighborhood:
C20 - Hollywood
County:
Los Angeles
Area:
C20 - Hollywood
Property Description
Up for sale is the amazing Classic Hollywood 4 plex with excellent upside potential for steady cash-flows. One highly desirable neighborhood, the property is ideally situated off the iconic Hollywood sign Beachwood Blvd, on the quiet Graciosa Drive. They come with off-street parking and front fences for additional privacy for tenants. Ideal and convenient locations to nearby banks, restaurants, Trader Joes, and nearby attractions like Pantages, Melrose, The Grove, Universal Studio, Griffith Observatory, etc. Excellent location just off the 101 freeway, to DTLA, Studio City, Glendale, and nearby cities, huge upside potential in the area, Dont wait and buy, buy and wait. Buyer and buyer agent to do all their own due diligence. Please do not disturb tenants. Subject to interior viewing upon offer accepted.
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest None Community Features Foothills Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 87623 Gross Scheduled Income 87623 Insurance Expense 2500 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 61336 New Construction YN No New Taxes Expense 36000 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 26257 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 0 Water Sewer Expense 1600 Water Source Public Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T21:29:04.5. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing provided courtesy of Steven Tong of K.W. Executive