REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,000,000
Est. payment /mo
New
2053 Glencoe WAY Los Angeles, CA 90068
5 Beds
4 Baths
3,142 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,142 sqft
Price per Sqft $954
MLS Listing ID 26856999
Bedrooms 5
HOA Y/N No
Year Built 1928
Lot Size 3,463 Sqft
Property Description
Exceptional investment opportunity in the heart of the Hollywood Hills. This well-maintained 4-unit apartment building, built in 1928, offers approximately 3,142 square feet on a 3,463 square foot LAR2-zoned lot. The property features a desirable unit mix, strong in-place rental income, and significant long-term upside in one of Los Angeles' most sought-after rental markets.Located just minutes from the Hollywood Bowl, Runyon Canyon, Franklin Village, Hollywood & Highland, major studios, dining, entertainment, and convenient freeway access, the property attracts a broad tenant base seeking the ideal blend of neighborhood charm and urban convenience.The building presents an excellent opportunity for investors seeking stable cash flow with future value-add potential through strategic renovations and rental increases, subject to applicable regulations. Whether you're expanding an existing portfolio or acquiring a trophy asset in a premier Los Angeles location, this is a rare opportunity to own a classic Hollywood Hills fourplex with lasting investment appeal.Property highlights include:* Four residential units* Approximately 3,142 SF building* Approximately 3,463 SF lot* Built in 1928* LAR2 zoning* Prime Hollywood Hills location near shopping, dining, entertainment, hiking trails, and major employment centers* Excellent long-term investment with upside potentialBuyer to independently verify all information, including square footage, zoning, permits, rent amounts, operating expenses, and applicable rent control regulations.
Location
State CA
County Los Angeles
Area C03 - Sunset Strip - Hollywood Hills West
Zoning LAR2
Interior
Cooling None
Fireplace No
Appliance Dishwasher, Disposal, Refrigerator
Exterior
Parking Features Door-Single, Garage
View Y/N Yes
View Hills
Building
Entry Level Multi/Split
Architectural Style See Remarks
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5549023018
Special Listing Condition Standard
Listed by Joshua L Barre Westside Property Management Inc. #01222605