Listing ID : V1-10875
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Beds
4 -
Lot Size
4,896 Sqft
Description
Duplex Hollywood Hollywood Hollywood Opportunity Zone!!!!!!!!!Opportunity Zone Maximum Multi Year Tax Breaks. Opportunity Zone in Hollywood.Use existing duplex for rental while getting plans to build 6 +/- units, buyers to verify and do due diligence with New SB 9 & 10 laws which doubled the number of units per acre in California with Opportunity Zone Benefits. Adjacent duplex next door also for sale lending to the potential of 12 +/- units, subject to City approval. Will look at trades, or do just a regular sale.This is more a land play .....................Unless,................ you want to live in Old World Hollywood Era style 1923 Old Fashion Stylish Home an Extra Extraordinary Architectural Gem waiting for your personalized finishing touches.....................Unless,................ you have a property preferably in the West Covina, CovinaMetro Area but we will look at any trade in the country to do a 3 way trade that you would want to trade for all or part of some of this acquisition, .....................Unless,................ you have other ideas for it. Buying both properties side by side for $5,944,000 to hold or develop is a great opportunity for the small builder to do a project now or hold it for when you need to keep a crew on some work. Owners of next-door house will trade for property in the Palm Springs, Rancho Mirage Metro Area. Creative sellers open to buy, sell or trade. Live or own income property in Hollywood the Film TV Music Capital of the World and a really fun place!!
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Area Information 90038
Population:
47.35%Female
90.97%Rented
6.53%Vacant
5.17%Associate
23.52%Bachelor
7.44%Graduate
Tax Assessments
Value
- Land $166,313
- Improvements $52,672
- Total $218,985
Property Tax
- 2022 $2,821
History
| Date | Transaction | Price | Mortgage Amt & Lender |
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Date
Dec 25, 2022
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Transaction
Active - Residential IncomeV1-16145
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Price
$2,465,000
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Mortgage Amt & Lender
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