1117 N Alexandria Ave Immeuble residentiel 3 lots 950 965 € (316 988 €/Lot) Los Angeles, CA 90029

Prime Hollywood Triplex Investment Opportunity! Seize this exceptional investment opportunity in the heart of Hollywood! This well-maintained triplex offers strong potential for rental income growth. The property features a spacious 2-bedroom, 1-bath unit on the top floor, along with two 1-bedroom, 1-bath units on the lower level. Situated on a 6,500+ square foot lot, it offers plenty of parking, including 2 enclosed garages. Recent building upgrades include new copper plumbing, water heaters, dual-pane windows, and an updated sewer line, providing a solid foundation for future enhancements. Additionally, foundational piers and a post-repair have been completed for added stability. The city has approved an Accessory Dwelling Unit (ADU) for the property, offering even more potential for value-add and increased rental income. With a prime location, this property is just steps away from a wide variety of restaurants, shops, LA City College, and the Metro Red Line, offering convenient access to downtown LA and beyond. This is your chance to invest in one of Los Angeles' most sought-after neighborhoods with tremendous upside potential! Please do not disturb tenants. 1 unit is vacant, 1 unit to move out in June, 1 unit currently negotiating cash for keys.