Address
1307 Tamarind Avenue Los Angeles, CA
Price
$ 2,000,000
Property Attributes
  • MLS#20626692
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaHollywood
  • Zip90028
  • StyleContemporary
  • Price$ 2,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5741
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Dana Brody with Dana Brody
Property Description

Fantastic 7 unit value-add multi-family income opportunity in Prime Hollywood location! 3 of 7 units delivered vacant, with the potential for 2 more. 1307 Tamarind Avenue is a 7-unit multifamily asset located in the Heart of Hollywood. Situated on a 6,503 SF R4 lot, 1307 Tamarind is ideally located just steps from the World-Famous Sunset Boulevard, walking distance to an array of shops and restaurants, as well as the worlds most iconic travel and sightseeing destinations. Built in 1965, this 7-unit multi-family property is also located in the Hollywood Opportunity Zone, providing a savvy investor the opportunity to maximize rents in this hot development area. Great opportunity to pick up more units near the Sunset Gower Studio 500,000 square foot expansion, Netflix, HBO and Viacom. The location and the opportunity don't get much better than this! Fantastic location, income upside potential, walkability to work and play. Excellent Income Producing Asset in Prime Hollywood Location!

Price History
9/1/2020 Listed $2,200,000
11/16/2020 1% - $2,199,999
11/27/2020 1% - $2,180,000
12/23/2020 9% - $2,000,000

General Features

Architectural Style Contemporary
Directions Sunset to Tamarind, turn right
Facing Direction East
Heating Radiant
Levels Two
Listing Agent Dana Brody - BRE#01429001
Listing Agent State License 01429001
MLS Area C20 - Hollywood
Parking Features Attached Carport
Pool Features None
Price Per Square Foot 348.37
Security Features Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
Spa Features None
Special Listing Conditions Standard
Total Units 7
Zoning LAR4

Interior Features

Heating Y/N Yes

Exterior Features

Building Area Total 5741.00
Lot Size Acres 0.1400
Lot Size Area 6503.0000
Lot Size Source Estimated
Lot Size Square Feet 6503.00
Lot Size Units Square Feet
Number of Buildings 1
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90028

Price
AVG $3.4M
$2M
Visits
AVG 41
45
Year Built
AVG 1934
1965
Walkscore
AVG 91
78
Data Provided by Walkscore ® not using MLS data

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