$3,000,000
2053 Glencoe Way
Los Angeles, CA 90068
5
Beds
4
Baths
3,142
Sq. Ft.
1928
Year Built
Los Angeles
County
ResidentialIncome
Property Type
About this home
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.
Property Details
Architecture
Features & Amenities
Property Features
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Mortgage Estimate
$15,967/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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