- 5 Beds
- 5 Baths
- .1 Acres
- 130 DOM
901 N El Centro Avenue
Charming 5-Unit Multifamily Property in Prime Hollywood Location – Value-Add Opportunity! Unlock the potential of this well-maintained 5-unit multifamily property located in the heart of Hollywood, just moments from the iconic Hollywood Strip, major studios, popular restaurants, bars, grocery stores, and the vibrant Larchmont Village. Each unit features 1 bedroom and 1 bathroom, with three units being recently updated with fresh paint, new flooring, and modernized bathrooms. One unit will be delivered vacant at close, offering a rare opportunity for an owner-user or investor to lease at market rates — currently ranging from $1,600 to $1,900/month — or move in and enjoy the unbeatable location. Tenants are responsible for their own gas and electricity, while the building covers water and trash, keeping operating costs low. This property also offers significant upside potential, with expansion possibilities by building upward (buyer to verify), maximizing long-term value in one of LA’s most desirable rental markets. Conveniently located near Larchmont Village, Hancock Park, Melrose, Fairfax, and West Hollywood, this property is a standout investment with strong income potential and development possibilities.
Essential Information
- MLS® #SR25168311
- Price$949,995
- Bedrooms5
- Bathrooms5.00
- Acres0.10
- Year Built1924
- TypeResidential Income
- Sub-TypeApartment
- StatusActive
Community Information
- Address901 N El Centro Avenue
- AreaC20 - Hollywood
- CityHollywood
- CountyLos Angeles
- Zip Code90038
Amenities
- ParkingNone
- GaragesNone
- PoolNone
Utilities
Natural Gas Connected, Sewer Connected, Water Connected
Interior
- AppliancesWater Heater, Gas Range
- HeatingNatural Gas
- CoolingNone
- FireplacesNone
- # of Stories1
- StoriesOne
Exterior
- Lot DescriptionZeroToOneUnitAcre
- FoundationRaised
Additional Information
- Date ListedJuly 23rd, 2025
- Days on Market130
- ZoningLAR3
Listing Details
- AgentRicardo Velasquez
- OfficeLRS Realty & Management Inc.
Price Change History for 901 N El Centro Avenue, Hollywood, (MLS® #SR25168311)
| Date | Details | Change | |
|---|---|---|---|
| Price Increased from $930,444 to $949,995 | |||
| Price Reduced from $949,999 to $930,444 | |||
| Status Changed from Pending to Active | – | ||
| Status Changed from Active to Pending | – | ||
| Status Changed from Pending to Active | – | ||
| Show More (3) | |||
| Status Changed from Active to Pending | – | ||
| Price Reduced from $1,050,000 to $949,999 | |||
| Price Reduced from $1,195,000 to $1,050,000 | |||
Ricardo Velasquez, LRS Realty & Management Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of February 7th, 2026 at 8:15pm PST. 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.