Description
We are pleased to present the opportunity to acquire 6921 Paseo Del Serra, is a single-family house with a non-conforming income-producing property located in the beautiful Hollywood Hills. Nestled in a quiet enclave atop the Hollywood Hills, this unique investment opportunity comprises of one (1) one-bedroom / one-bath unit and one (1) studio unit. The property is situated on a 4,651 square foot lot with approximately 868 square feet of living space. This offering is perfect for an owner/user who is looking to take advantage of the relaxing retreat-style property, one that allows all the tenants to relax away from the hustle and bustle of the city life down below. The property is engulfed in lush greenery and boasts outstanding views of the city and the Hollywood hills. The property has undergone various upgrades throughout the years but still has great value-add potential. Current Rents are below market, giving a new owner generous upside through cosmetic renovations. Due to the property's convenient access to the 101 freeway, the area serves as a strong draw from a diversified tenant base. It is steps away from Yamashiro's Farmers Market on Thursdays, Hollywood Bowl, Hollywood & Highland, Runyon Canyon, and countless other amenities.
Location
Listing Agent: Saadia 'Sam' Liberow 01933858 Courtesy of: Marcus & Millichap "All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Updated: 26th June, 2022 3:58 PM (UTC)
