$1,680,000

1014 N El Centro Avenue, Los Angeles, CA 90038

  • 6,375 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1949
  • Property Lot Size Icon6,482sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $264/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

We are pleased to offer for sale 1014-1018 North El Centro Avenue, a seven-unit apartment community located in the Hollywood neighborhood of Los Angeles, just north of Santa Monica Boulevard between Vine Street and Gower Street.Built in 1949, the property comprises 6,375 square feet of improvements on a 6,481-square-foot parcel, with a unit mix of five one-bedroom units and two two-bedroom units. There is approximately 14% rental upside remaining, capturable through ordinary turnover. The offering is priced at $264 per square foot, below the average of the recent comparable sales in the surrounding Hollywood submarket.The property carries a Walk Score of 94, with retail and dining along Santa Monica Boulevard a block south. Paramount Pictures on Melrose Avenue, Sunset Las Palmas Studios, and the Sunset Boulevard creative-office campuses anchored by Netflix are all within about a mile, as are Metro's B Line at Hollywood/Vine and the 101 Freeway.1014-1018 North El Centro Avenue offers investors an opportunity to acquire a well-maintained asset with remaining upside in one of the most established rental submarkets in Los Angeles.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Listing Status:
Active
Date Added:
July 13, 2026
Data Last Updated:
October 9, 2026 at 1:06PM
Listing Office:
Marcus & Millichap : 310-909-5500
Listing Agent:
Sean Rosenzweig : 213-943-1897
MLS ID:
CL26951113
  • Parking: CoveredOtherUncovered Parking Space
  • County: Los Angeles
  • Zoning: [Q]R4-1VL-5534023012

This listing courtesy of Sean Rosenzweig , Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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