1539 Gordon St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90028
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,962 sqft
Price per Sqft $713
MLS Listing ID 25562333
Bedrooms 5
Year Built 1913
Lot Size 6,605 Sqft
Acres 0.1517
Property Sub-Type Multi-Family
Property Description
1539 Gordon Avenue is a well maintained Duplex on a large 6,505 sq. ft. lot, in one of Hollywood's most coveted locations. The property is well positioned on Gordon Street between the iconic Sunset Strip and Hollywood Boulevard. The Duplex comprises a front unit with 3 bedrooms and 2 bathrooms, complemented by a well-appointed rear unit featuring 2 bedrooms and 2 bathrooms. Current rental income for the front unit is $2,902 monthly and the rear unit is receiving $2,277 a month in rent. The large 6,605 sq. ft. lot which is zoned (Q) LAR4 presents extraordinary NEW DEVELOPMENT opportunities. Developers can capitalize on multiple possibilities such as new multi-family construction, small lot subdivisions or ED1 projects. Additionally, the mid-lot garage presents compelling potential for ADU conversion, further enhancing income opportunities. Whether you're a developer, investor, or owner-occupant, 539 Gordon Street delivers multiple pathways to success.
Location
State CA
County Los Angeles
Area Hollywood
Zoning LAR4
Rooms
Other Rooms Other
Interior
Heating Wall
Cooling Wall/Window
Equipment Range/Oven, Refrigerator
Exterior
Parking Features Garage
Garage Spaces 4.0
Building
Story 1
Level or Stories One
Others
Special Listing Condition Standard