1351 N Alta Vista Boulevard Los Angeles, CA $ 4,000,000
1351 N Alta Vista Boulevard
$ 4,000,000
Share Save

1351 N Alta Vista Boulevard

Los Angeles, CA, 90046
$ 4,000,000
Bedrooms7 Baths6.0 Sq 6,296

Monthly Estimate*

$ 26,585

Listed by Rodeo Realty
1351 N Alta Vista Boulevard, Los Angeles, CA 90046 - Image 1

Multi-Family Home for sale in Los Angeles, CA

for $4,000,000 with 7 bedrooms and 6 full baths. This 6,296 square foot home was built in 1939 on a lot size of 0.2223.

We are proud to present a rare investment opportunity in the heart of Hollywood at 1351 North Alta Vista Boulevard, Los Angeles, CA 90046. This property is a 6-unit apartment building, offering exceptional potential for redevelopment and expansion. Nestled on a spacious 9,681 square foot lot with LAR3 zoning, the property currently features a single building with a total rentable space of 6,296 square feet. Originally constructed with six separate apartments, the building showcases classic period architecture, providing a unique charm. With rents currently set below market, this property offers substantial "value-add" potential. Additionally, approved plans for a new development could increase the unit count to a total of 26, transforming the building into a modern masterpiece. This redevelopment would complement the neighboring sister building, offering a cohesive and contemporary aesthetic for the area. The current unit make-up is one 2-bedroom unit and five 1-bedroom units. All with one bathroom and laundry in each unit. There is a large garage in the back offering one stall per unit. Whether you're an investor looking for a property with significant upside or a developer seeking a prime location for a high-end residential project, this offering presents an exciting opportunity to capitalize on one of Los Angeles' most sought-after neighborhoods. Make this Hollywood gem your next investment!

See more

Multi-Family Active

Price

$ 4,000,000

Bedrooms

7

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

FrenchProvincial

Lot Size

0.2223

Year Built

1939

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR25068016

Days on Market

67

Features
Interior
Interior Amenities CrownMolding TileCounters
Flooring Laminate Wood
Fireplace Features None
Total Stories 2
Common Walls TwoCommonWallsOrMore
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features Inside Stacked
Entry Level 1
General
Sewer PublicSewer
Heating WallFurnace
Cooling WallWindowUnits
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Shingle
Appliances FreeStandingRange GasCooktop GasOven GasRange Dryer Washer
Zoning LAR3
HOA Fee 0.0
Garage Spaces 6.0
Architectural Style FrenchProvincial
Pool Features None
Construction Materials Stucco
Year Built 1939
Electric Standard
Tenant Pays Electricity Gas
View None
Stories 2
Levels Two
Property Subtype Apartment
Gross Income 0.0
Community Features Urban Park
County Los Angeles
Net Operating Income 85496.0
Operating Expense 59800.0
Insurance Expense 1500.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Heading East on Sunset Right on N Alta Vista Blvd
City Los Angeles
Disclosures ListingBrokerAdvantage
Entry Location Front
Senior Community Y/N N
Number Of Units Total 6
MLS Area C20 - Hollywood
Lot Size Units SquareFeet
Lot Size Square Feet 9685.0
Carport Y/N N
Electric On Property Y/N N
Number of Units Leased 6
Listing Terms Cash CashToNewLoan
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 500.0
Water Sewer Expense 500.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 2
Total Actual Rent 12208.0
Property Sub Type Additional Apartment
Taxes 50000.0
Cap Rate 2.1
Exterior
Parking Features Assigned Garage OffStreet Private
Lot Features FrontYard Lawn Landscaped Level NearPark NearPublicTransit Paved RectangularLot StreetLevel Yard
Water Source Public
Total Parking 6.0
Lot Size Area 9685.0
Foundation Details Slab
Number of Buildings 1
Spa N
Building Area Total 6296.0
Lot Size Acres 0.2223
Road Surface Type Paved
Private Pool N
Lot Size Source Assessor
WaterfrontY/N N
Number of Separate Water Meters 1
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
Internal Only
Street Number 1 1351
* Excluded Features
List By
Rodeo Realty

Broker

(310) 882-5565

Phone

Affordability Calculator

$26,585
Per Month
100%
0%
0%
Monthly Principal & Interest
$26,585
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/29/2025$4,000,000 Listed Price

Map

Map View

See all

1351 N Alta Vista Boulevard, Los Angeles, CA, 90046 is a Multi-Family Home for sale at $4,000,000 with 6,296 sqft and a lot size of 0.2223. 1351 N Alta Vista Boulevard has 7 bedrooms, 6.0 baths, and was built in 1939. The property's zip code is 90046 which is in Los Angeles, CA