Description
Best Deal in Hollywood! To Be Delivered with Three Units Delivered Vacant, potential for more. Priced at $339 per foot, 1307 Tamarind is the perfect 7 unit value-add multi-family income opportunity in a Prime Hollywood location! Situated on a 6,503 SF R4 lot located in an Opportunity Zone, 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. Great opportunity for a savvy investor to pick up units in the hottest part of town, 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! Surrounded by luxury for rent and for sale product, 1307 Tamarind once renovated will provide future renters the ability to live in one of the best, most walkable neighborhoods in Los Angeles for a fraction of the cost of new luxury apartments. 1307 Tamarind features a mix of (5) 1+1 units and (2) 2+1.5 units. Seller is currently in the process of doing the required seismic retrofit work, will be completed before close. This is the value-add opportunity you have been looking for!
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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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$340$/SQFT
School Ratings & Info
Description
Best Deal in Hollywood! To Be Delivered with Three Units Delivered Vacant, potential for more. Priced at $339 per foot, 1307 Tamarind is the perfect 7 unit value-add multi-family income opportunity in a Prime Hollywood location! Situated on a 6,503 SF R4 lot located in an Opportunity Zone, 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. Great opportunity for a savvy investor to pick up units in the hottest part of town, 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! Surrounded by luxury for rent and for sale product, 1307 Tamarind once renovated will provide future renters the ability to live in one of the best, most walkable neighborhoods in Los Angeles for a fraction of the cost of new luxury apartments. 1307 Tamarind features a mix of (5) 1+1 units and (2) 2+1.5 units. Seller is currently in the process of doing the required seismic retrofit work, will be completed before close. This is the value-add opportunity you have been looking for!
Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-14T15:42:51.63. 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.