This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
7003 Willoughby Ave, Los Angeles, CA 90038
$1,200,000
7003 Willoughby Ave, Los Angeles, CA 90038View this property at 7003 Willoughby Ave, Los Angeles, CA 90038
7003 Willoughby AveLos AngelesCA90038
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
First time on the market in 47 years. An incredible investment/developer opportunity to own a 4-unit income property in close proximity to West Hollywood, the Melrose District and bustling North Sycamore Avenue. Rare MR1 zoning! Four 2 bed + 1 bath units with original hardwood floors and 1920's Hollywood charm. All 4 units are occupied. Property needs foundational work. Property to be sold AS-IS with 4 tenants in place and no credits for repairs. Terrific opportunity for investment with rental upside potential or significant development potential. This is a probate sale - agents, please see private remarks. Property is subject to City of LA Rent Stabilization Ordinance. Drive-by only; do not disturb occupants.
Full Property Details
Full Property Details for 7003 Willoughby Ave
General
- Sold For: $1,200,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 24-364657
- Added to Site: 98 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Additional Information
- Other Features: None
Parking
- Garage Description: Garage Is Detached
Location
- Area: Hollywood
- County: Los Angeles
- Driving Directions: East of La Brea, North of Melrose, West of Orange
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Gas
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 4,620
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1928
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1133
- Lot Size: 4934
- Lot Size Source: Vendor Enhanced
- Zoning: LAMR1
Financial Considerations
- Price Per Sq. Ft.: $313.85
- Assessment Year: 1928
Disclosures and Reports
- Disclosures/Reports: Probate
- APN: 5532-010-046
Listed and Sold by Atllas, Inc., Tanya Friedman and Atllas, Inc., Ranit Efron
Get Pre-Approved Today
Schools
Schools serving 7003 Willoughby Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
955 Vine St, Los Angeles, CA 90038 | K-6 | 0.9 mi | |
929 N Las Palmas Ave, Los Angeles, CA 90038 | 6-8 | 0.3 mi | |
7850 Melrose Ave, Los Angeles, CA 90046 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7003 Willoughby Ave
Date
Details
Price
Change
Source
5/15/2024
Sold
$1,200,000
-17.24%
MLS
3/25/2024
Price Reduced
$1,450,000
-7.94%
MLS
3/11/2024
Listed
$1,575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7003 Willoughby Ave, Los Angeles, CA 90038 (MLS# 24-364657) is a Multi-Family property that was sold at $1,200,000 on May 15, 2024. Want to learn more about 7003 Willoughby Ave? Do you have questions about finding other Multi-Family real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.