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$949,995

  • For Sale
  • Active
  • Multi-Family
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Charming 5-Unit Multifamily Property in Prime Hollywood Location - Value-Add Opportunity! Unlock the potential of this well-maintained 5-unit multifamily property located in the heart of Hollywood, just moments from the iconic Hollywood Strip, major studios, popular restaurants, bars, grocery stores, and the vibrant Larchmont Village. Each unit features 1 bedroom and 1 bathroom, with three units being recently updated with fresh paint, new flooring, and modernized bathrooms. Tenants are responsible for trash, gas, and electricity, while the building covers water only, keeping operating costs low. This property also offers significant upside potential, with expansion possibilities by building upward (buyer to verify), maximizing long-term value in one of LA's most desirable rental markets. Conveniently located near Larchmont Village, Hancock Park, Melrose, Fairfax, and West Hollywood, this property is a standout investment with strong income potential and development possibilities.

Full Property Details for 901 N El Centro Ave

General

  • Price: $949,995
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SR25168311
  • Updated: 3/9/2026
  • Days on Market: 188 days
  • Added to Site: 254 day(s) ago

Interior

  • Fireplace(s): None
  • Appliances: Water Heater, Gas Range

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None

Parking

  • Parking Features: None
  • Parking: None

Location

  • Area: C20 - Hollywood
  • County: Los Angeles
  • Development Name: C20 - Hollywood
  • Driving Directions: North of Willoughby, on El Centro

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 5
  • # Electric Meters: 5

Structural Information

  • Foundation: Raised
  • Entry Location: 1
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 2,350
  • Year Built: 1924

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.0953
  • Lot Size (Sq. Ft.): 4,151
  • Lot Size Source: Assessor
  • Zoning: LAR3
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $404.25
  • Price Per Unit: 189999

Listed by LRS Realty & Management Inc., Ricardo Velasquez

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Listing agent

— 901 N El Centro Ave —

  • Ricardo Velasquez

    LRS Realty & Management Inc.

818-355-2549

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 901 N El Centro Ave

School District:Los Angeles Unified School District
NameGradesDistance
Vine Street Elementary School
955 Vine Street, Los Angeles, CA 90038
4-60.2 mi
Hubert Howe Bancroft Middle School
929 North Las Palmas Avenue, Los Angeles, CA 90038
6-80.7 mi
Fairfax Senior High School
7850 Melrose Avenue, Los Angeles, CA 90046
9-122.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 901 N El Centro Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/06/2026
Price Increased
$949,995
2.1%
MLS
1/22/2026
Price Reduced
$930,444
-2.06%
MLS
11/11/2025
Price Reduced
$949,999
-9.52%
MLS
9/09/2025
Price Reduced
$1,050,000
-12.13%
MLS
7/26/2025
Listed
$1,195,000
331.41%
MLS
9/12/2002
Sold
$277,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 901 N El Centro Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,546
—
$401,166
2%
2024
$5,546
2%
$393,301
2%
2023
$5,456
4%
$385,590
2%
2022
$5,236
1%
$378,030
2%
2021
$5,165
-1%
$370,619
1%
2020
$5,209
4%
$366,820
2%
2019
$5,030
1%
$359,628
2%
2018
$4,975
3%
$352,577
2%
2017
$4,837
3%
$345,665
2%
2016
$4,717
1%
$338,888
2%
2015
$4,657
-1%
$333,799
2%
2014
$4,704
—
$327,261
—
2013
$4,689
—
$325,783
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 901 N El Centro Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by LRS Realty & Management Inc., Ricardo Velasquez

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901 N El Centro Avenue, Los Angeles, CA 90038 (MLS# SR25168311) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 901 N El Centro Avenue is currently listed for $949,995 and was received on July 26, 2025. Want to learn more about 901 N El Centro Avenue? 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.

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