RARE AND UNIQUE opportunity in the heart of Hollywood, California on the famous Melrose Avenue! Location, Location, Location!
Price just reduced, motivated seller!
Enjoy a bright and airy floor plan in this Craftsman style home gleaming with old world charm. The property is a gated duplex zoned “Mixed-Use” with separate utilities for upstairs and for downstairs. There is a staircase inside and outside the house which connects the upstairs and downstairs floors allowing it to be used as a single family home or duplex. There are 9 gated parking spaces on the property which is a rare find in Hollywood. Property was previously rented on Airbnb with an income of $250,000+ per year. Seller will not make any repairs. The property is sold in AS IS condition.
The existing property structure has a safety violation from the LADBS (Los Angeles Department of Building and Safety) which has turned into a lien. Buyer to verify all information and must do their own due diligence. The property is being sold AS-IS.
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