1563 Gordon St, Los Angeles, CA 90028

$2,700,000
10
BD
11
BA
6,282
SqFt

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List Price
$2,700,000
MLS#
26106715
Year Built
1957
Bedrooms
10
Bathrooms
11
Living Sq. Ft
6,282
Lot Size
6,519
Days on Market
6
Property Type
Multifamily
Stories
2

Property Description

1563 Gordon St is a fully renovated 9-unit apartment building in central Hollywood, offered at $2,700,000 ($300,000 per unit, $429.80/SF) at a 6.09% cap rate and 10.54 GRM. Built in 1957 with approximately 6,282 SF, the property was comprehensively renovated under permit, with every permit finaled in 2021: new kitchens and baths in every unit, a full rewire with a new 400-amp service, a copper repipe, new windows and split heat-pump systems. The unit mix is two two-bedrooms, six one-bedrooms and a studio added under permit with its own 2021 Certificate of Occupancy, and the soft-story seismic retrofit is complete (City Certificate of Compliance, 2022). The building sits about 0.2 miles from Sunset Gower Studios and Netflix's Sunset Bronson campus, and 0.4 miles from the Metro B Line at Hollywood/Vine.

Additional Information

Other Buildings
None
Heat
None
Cooling
Central
Number of Cars in Garage
Controlled Entrance

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Courtesy of Marcus & Millichap, Saadia 'Sam' Liberow - CA DRE#01933858

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