Description
Fantastic 7 unit value-add multi-family income opportunity in Prime Hollywood location! 3 of 7 units delivered vacant, with the potential for 2 more. 1307 Tamarind Avenue is a 7-unit multifamily asset located in the Heart of Hollywood. Situated on a 6,503 SF R4 lot, 1307 Tamarind is ideally located just steps from the World-Famous Sunset Boulevard, walking distance to an array of shops and restaurants, as well as the worlds most iconic travel and sightseeing destinations. Built in 1965, this 7-unit multi-family property is also located in the Hollywood Opportunity Zone, providing a savvy investor the opportunity to maximize rents in this hot development area. Great opportunity to pick up more units near the Sunset Gower Studio 500,000 square foot expansion, Netflix, HBO and Viacom. The location and the opportunity don't get much better than this! Fantastic location, income upside potential, walkability to work and play. Excellent Income Producing Asset in Prime Hollywood Location!
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11BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
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5,741SQFT
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$348$/SQFT
School Ratings & Info
Description
Fantastic 7 unit value-add multi-family income opportunity in Prime Hollywood location! 3 of 7 units delivered vacant, with the potential for 2 more. 1307 Tamarind Avenue is a 7-unit multifamily asset located in the Heart of Hollywood. Situated on a 6,503 SF R4 lot, 1307 Tamarind is ideally located just steps from the World-Famous Sunset Boulevard, walking distance to an array of shops and restaurants, as well as the worlds most iconic travel and sightseeing destinations. Built in 1965, this 7-unit multi-family property is also located in the Hollywood Opportunity Zone, providing a savvy investor the opportunity to maximize rents in this hot development area. Great opportunity to pick up more units near the Sunset Gower Studio 500,000 square foot expansion, Netflix, HBO and Viacom. The location and the opportunity don't get much better than this! Fantastic location, income upside potential, walkability to work and play. Excellent Income Producing Asset in Prime Hollywood Location!
Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-25T11:42:34.807. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.