Asking Price: $1,000,000

Well-maintained 3,166 square foot property situated on a 7,053 square foot LARD1.5 zoned lot. The building is made up of five (5) units, with a great unit mix of one (1) studio unit, two (2) one bedroom & one bathroom units, and two (2) two bedroom & one bathroom units. The property has tremendous rental upside potential. Each unit is separately metered for gas and electricity. There are four (4) parking spaces. Located in Hollywood, on Wilton Place, near Western Ave. & Santa Monica Blvd., with very easy access to the 101 Freeway. The location is deemed "Very Walkable" with a score of 89 out of 100, as many errands can be accomplished by foot. Nearby you can find many fast casual dining options, restaurants, grocery stores, parks, and more! Including Chick-Fil-A, Osteria La Buca, & Dave's Hot Chicken. Because of the large amount of employment opportunities at Paramount Studio's, Netflix, local production and post-production houses, this area has stable tenant base and is highly sought after by the professional tenant. You are within five minutes of all of the restaurants, bars, and entertainment that the hippest areas in LA: Echo Park, Sunset Junction, Silverlake, Koreatown, Hollywood, Downtown LA and West Hollywood all have to offer. The subject property is located in the City of Los Angeles and is subject to LA Rent Control.