$949,995
+$19,551901 N El Centro Avenue, Hollywood CA 90038
Multi-Family (5 Units)
Property type
325 days
On market
$404
Price per sqft
0 cars
Garage
1924
Year built
4,151 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Ricardo Velasquez DRE #01783509, LRS Realty & Management Inc.
Listing updated: Mar 9, 2026 at 04:56pm.
Last checked: Jun 14, 2026 at 06:30am
Source: CRMLS #SR25168311
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,600 | $0 | $1,700 | Unfurnished |
| 1 | 1 | 1 | — | $899 | — | $1,700 | Unfurnished |
| 1 | 1 | 1 | — | $1,038 | — | $1,700 | Unfurnished |
| 1 | 1 | 1 | — | $1,300 | — | $1,700 | Unfurnished |
| 1 | 1 | 1 | — | $1,500 | — | $1,700 | Unfurnished |
# of Buildings: 3
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 1
Ranges: 5
Rent Control: Yes
Units Leased: 4
Tenant Pays: Electricity, Gas, Trash Collection
Financial Snapshot
Gross Rent Multiplier
149.9x
List Price / Annual Gross Rent
Cap Rate
7.69%
NOI / List Price
Gross Scheduled Income: $6,337
Operating Expense: $3,000
Net Operating Income: $73,055
Annual Operating Expenses
Insurance: $0
Professional Management: $0
Trash: $0
Water / Sewer: $3,000
Interior
Cooling: None
Heating: Natural Gas
Appliances: Gas Range, Water Heater
Fireplace: None
Laundry: None
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 1
Levels: One
Foundation: Raised
Common Walls: One Common Wall
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Natural Gas Connected, Sewer Connected, Water Connected
Garage and Parking
Parking: None
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5534028013
Additional Parcels: No
Tax Lot: 2
Zoning: LAR3
Tax Block: 8
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs