Hollywood (C20) Real Estate

Hollywood (C20) Real Estate

Welcome to Hollywood, California – the dazzling heart of the entertainment industry and a vibrant community that embodies the spirit of creativity and innovation. Nestled in Los Angeles County, Hollywood is not just a location; it’s a lifestyle. Known for its iconic landmarks like the Hollywood Sign, Walk of Fame, and the historic TCL Chinese Theatre, this neighborhood offers a unique blend of glamour and everyday charm.

Hollywood is a melting pot of culture, boasting a variety of restaurants, cafes, and shops that reflect its diverse population. From trendy eateries serving gourmet cuisine to cozy coffee shops perfect for unwinding, there’s something to satisfy every palate. The nightlife here is electric, with an array of bars, clubs, and live music venues that keep the energy alive well into the night.

For those who appreciate the arts, Hollywood is home to numerous theaters, galleries, and cultural events that celebrate both established and emerging talent. Whether you’re catching a blockbuster premiere or enjoying a local art show, you’ll find that creativity is woven into the very fabric of this community.

Nature enthusiasts will also find their haven in Hollywood, with nearby hiking trails that lead to breathtaking views of the city and the iconic Hollywood Sign. Griffith Park, one of the largest urban parks in the U.S., offers an escape into nature, complete with scenic trails, picnic spots, and the renowned Griffith Observatory.

With its rich history, vibrant culture, and endless entertainment options, Hollywood is more than just a destination; it’s a place where dreams come alive. Discover your perfect home in this dynamic neighborhood and experience the magic of Hollywood living.

Newest Listings in Hollywood (C20)

$1,595,000
BB26204733 MLS Active Status
Rare opportunity to acquire a large fourplex with substantial rental upside in a highly central Los Angeles location with potential Development Opportunity. The property consists of four spacious 2-bedroom, 1-bathroom units totaling approximately 5,276 square feet on a 9,602-square-foot lot. Two units have recently been extensively renovated and leased at market rents, while the remaining two units are approximately 75% below their potential market rents, creating significant future income upside. The property is currenlty operating at 5.1% CAP with proforma CAP rate of 7.4%. The renovated residences feature updated kitchens and bathrooms, new flooring, stainless steel appliances, in-unit laundry and bright, oversized living spaces while preserving the property's classic architectural details. Each unit averages approximately 1,300 square feet, providing unusually spacious floor plans for the area. The property further benefits from 8 garage parking spaces, separate gas and electric meters, and a large lot. An excellent opportunity for an investor seeking a combination of strong in-place income, proven market rents and substantial remaining value-add potential in one of Los Angeles' most centrally located rental markets. Development Opportunity: Situated on an approximately 9,602 SF LAR3-zoned lot, the property offers significant future redevelopment potential. Based on the underlying R3 density of one dwelling unit per 800 SF of lot area, the site may accommodate approximately 12 units before applicable density bonuses and housing incentives. The property may also benefit from additional density, FAR, height and parking incentives available through City and State affordable-housing programs.

548 N Kenmore, Los Angeles

$1,549,000
3 Beds 3 Baths 26989247 MLS Active Status
Tucked behind lush hedges on a quiet stretch of De Longpre, this beautifully reimagined 1919 Craftsman offers a rare trifecta: a stylish main house, a permitted ADU, and a separate private office -- three structures on one gated, tree-canopied lot in the heart of Hollywood. The main house welcomes you with a classic covered front porch, horizontal lap siding, and a picture-perfect garden entry. Inside, 2 bedrooms and 2 baths unfold across sun-filled living spaces with rich wood flooring and an arched dining room with designer lighting. The chef's kitchen is finished with a striking chevron tile backsplash and stainless appliances, opening to bright, airy living areas framed by oversized windows. Step out back to a resort-style entertainer's yard: a pergola-covered patio, turf lawn, and multiple lounge and dining areas set the stage for effortless indoor-outdoor living. The showstopper is the detached ADU -- a light, airy retreat with soaring vaulted ceilings, exposed wood beams, and an open-concept kitchen and living area, plus its own bedroom and bath. Ideal as an in-law suite, guest quarters, or income-generating rental. A third structure offers flexible space for a private office, studio, or gym. A long, gated driveway accommodates multiple vehicles, and mature landscaping wraps the property in total privacy. Whether you're searching for a multigenerational compound, a savvy investment opportunity, or simply a one-of-a-kind Hollywood retreat, 6607 De Longpre delivers rare flexibility in an unbeatable location.

6607 De Longpre Avenue, Los Angeles

$1,950,000
5 Beds 4 Baths 26989951 MLS Active Status
Live in one residence while renting out the other for additional monthly income. Beautifully renovated in 2022, this versatile property features a 3-bedroom, 3-bath main residence with an attached 2-bedroom, 1-bath ADU, presenting an exceptional opportunity for both owner-users and investors. The approximately 1,900 sq. ft. main residence offers high ceilings, abundant natural light, generously sized bedrooms, and a spacious, private and secure yard surrounded by mature trees. The primary suite is highlighted by its own private balcony with mountain views, while two additional bedrooms offer ample space and convenient access to separate bathrooms. Currently tenant-occupied on a month-to-month basis at $5,950 per month, the main residence can be delivered vacant, giving a new owner the flexibility to move in or continue generating rental income. The approximately 600 sq. ft. ADU offers a charming 2-bedroom, 1-bath layout and is currently leased for $2,350 per month, providing an immediate additional income stream. The ADU rent is below market value with potential for increase. Together, the two residences currently generate $8,300 per month, or $99,600 annually in gross rental income, creating a compelling opportunity to enjoy the property as a primary residence while offsetting ownership costs with rental income, or maintain both residences as income-producing assets. Additional amenities include a private garage exclusively serving the main residence, driveway parking for two vehicles with one space currently utilized by the ADU as well as ample street parking. The property underwent extensive improvements in 2022, including updated electrical, plumbing, drywall, windows, lighting, driveway, kitchens, bathrooms, and more. A rare opportunity to acquire a substantially renovated, dual-residence property offering exceptional flexibility and income potential. Move into the main residence and benefit from immediate ADU rental income, or take advantage of the property's existing income-producing configuration. A unique offering and a must-see for the area.

1400 N Orange Drive, Los Angeles

$860,000
1 Beds 1 Baths 26989855 MLS Active Status
Welcome to your French Country townhouse in the heart of Hollywood, a rare combination of character, privacy, and exceptional walkability. Surrounded by the energy of one of Los Angeles' most iconic neighborhoods, this two bedroom, one and a half bathroom home is tucked away in a remarkably quiet and peaceful setting. Step outside and experience Hollywood on foot. The Hollywood Palladium, Fonda Theatre, Pantages Theatre, Hollywood Metro station, Netflix, Paramount Studios, Michelin starred restaurants, and some of the neighborhood's most popular dining and nightlife are all within walking distance. Yet once inside the intimate eight unit complex, lush greenery and thoughtfully maintained grounds create an unexpected sense of calm in the middle of the city.Inside, soaring 20 foot ceilings and an oversized skylight create a dramatic, light-filled living space, while a fully operable gas fireplace, industrial hardware, and distinctive architectural details give the home a character all its own. The two story layout provides natural separation between living and sleeping spaces, while a private deck with an in unit washer and dryer adds outdoor space and everyday convenience. A dedicated parking space is accessed through a gated entrance. Recent improvements include a new refrigerator and dishwasher, three new split HVAC units, and foundation anchoring. The complex was also recently painted and upgraded with security cameras. This is a home that offers something increasingly difficult to find in Hollywood: architectural character, privacy, and tranquility with the best of the neighborhood just outside your door.

6204 Banner Avenue Unit 2, Los Angeles

$6,900,000
TR26196782 MLS Active Status
We are pleased to offer Denny Avenue Apartments, a 17-unit multifamily investment property located at 5325 Denny Avenue in North Hollywood. Positioned near the NOHO Arts District and between Magnolia Boulevard and Chandler Boulevard, the property offers convenient access to major transportation routes, including the 101, 170, and 134 freeways. The property features approximately 15,314 square feet of rentable space situated on an approximately 13,500-square-foot lot. Well maintained throughout, Denny Avenue Apartments includes mature landscaping, an attractive central courtyard with a BBQ area and outdoor seating, on-site laundry facilities, and a secured parking garage. The units have been updated with a range of modern features and finishes. Interior amenities include contemporary kitchens with stainless steel appliances and dishwashers, central HVAC, ceiling fans, horizontal blinds, balconies, fireplaces, and a combination of laminate plank wood and carpet flooring. Second-story residences also feature vaulted high ceilings, adding to the sense of openness within the units. The North Hollywood location provides residents with access to employment centers, entertainment, dining, and cultural destinations throughout the greater Los Angeles area. In addition to nearby access to the 101, 170, and 134 freeways, the property is within reach of the 405 and 210 freeways, creating connections to destinations across Los Angeles County, Ventura County, and surrounding areas. The nearby NOHO Arts District contributes to the area's active mix of entertainment, dining, and creative businesses, while major employers such as Universal Studios and Warner Bros. are also within the broader area. Well-known Southern California destinations within approximately 20 miles include Griffith Observatory, Dodger Stadium, the Hollywood Walk of Fame, and The Huntington Library. With 17 units, updated interiors, established property amenities, and a well-connected North Hollywood location, Denny Avenue Apartments presents an income-producing multifamily investment opportunity with long-term ownership potential. The offering may appeal to a range of investors, including first-time multifamily purchasers, experienced investors, and buyers considering a 1031 exchange.

5325 Denny, Los Angeles

$1,995,000
9 Beds 8 Baths 26989249 MLS Active Status
Large 6,094 SF, 8-unit value-add apartment building in the heart of Hollywood, offering strong day-one cash flow at a current 5% cap rate with upside to approximately 7.5% on pro forma rents. Attractively priced at only $249,000 per unit and $327/SF, the property offers a diverse unit mix of 6 spacious one-bedroom units and 2 two-bedroom units. The building sits on a large 7,099 SF LAR3 lot, with plans to add 8 detached ADUs, potentially doubling the property's unit count. Assuming $715,000 in ADU construction costs at $250/SF, the projected all-in basis is only $163,000 per unit and $291/SF, with an 11.7% cap rate on current rents and 14.1% on pro forma rents after completion. Most recently, the front upstairs unit was completely remodeled with a high-end modern aesthetic, featuring new cabinetry, vinyl flooring, recessed lighting, a renovated bathroom, an updated HVAC system, an in-unit washer/dryer, and additional upgrades. The property's exterior has also undergone extensive renovations and features approximately 9 on-site parking spaces, storage, and an updated laundry room. Gas and electricity are metered separately, helping to minimize owner-paid operating expenses. Prime Hollywood location directly behind Echelon Studios Hollywood, an approximately $450 million, 610,000 SF creative entertainment campus located on a five-acre site at 5601 Santa Monica Boulevard, and just blocks from Netflix and Paramount Studios, placing the property in the heart of Hollywood's entertainment and media district.

5642 Lexington Avenue, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.