Address
6611 Leland Way Los Angeles, CA
Price
$ 3,800,000
Property Attributes
  • MLS#0021735212
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaHollywood
  • Zip90028
  • Style
  • Price$ 3,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6384
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Marcus & Millichap
Data Source:
California Desert Association of REALTORS
Property Description

611 Leland Way, a 2020 newly constructed 4-unit apartment building located in the heart of Hollywood. Situated right off of Sunset Blvd between Highland and Cahuenga, this multifamily property sits on a 6,643 SF lot and provides 6,384 of rentable SF. Offering a diverse unit mix of one (1) two bedroom / two bathrooms, one (1) three bedroom / three bathroom, and two (2) four bedrooms / three & half bathrooms, all of which offer a large and spacious floor plan with an abundance of natural light, along with wood flooring and in-unit washer and dryers. With a Walk Score of 98, the property offers tenants the convenience of being within close proximity of popular restaurants, grocery stores, and high end entertainment; furthermore, tenants are just a quick car ride away from popular tourist destinations such as the Kodak Theatre, Hollywood Walk of Fame and the World Famous Sunset strip. This building is an excellent opportunity for an investor looking to acquire a passive investment with low maintenance and high cash flow, and would also be ideal for a buyer looking to live on premises.

Price History
5/22/2021 Listed $3,800,000

General Features

Heating Central
Levels Multi/Split
MLS Area C20 - Hollywood
Security Features Gated Community
Senior Community Y/N No
Sewer None
Zoning LARD1.5

Interior Features

Heating Y/N Yes
Total Stories 2

Exterior Features

Building Area Total 6384.0
Land Lease Type Fee
Lot Size Acres 0.14
Lot Size Area 6643.0
Lot Size Square Feet 6643.0
Lot Size Units Square Feet
Numberofunitsbuildings 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90028

Price
AVG $3.95M
$3.8M
Year Built
AVG 1938
2020

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