1014 N El Centro Avenue, Los Angeles, CA 90038
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1014 N El Centro Avenue,Los Angeles, CA 90038
$1,500,000
- 9 Beds
- 7 Baths
- 6,375 sq. ft.
- Multi-family
- Active
Listed by: sean rosenzweig
Office: marcus & millichap310-909-5500
MLS#:26951113
Source:CRMLS
Price summary
- Price:$1,500,000
- Price per sq. ft.:$235.29
About this home
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 $235 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....
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Home facts
- Year built:1949
- Listing ID #:26951113
- Added:70 day(s) ago
- Updated:November 12, 2026 at 01:08 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:7
- Living area:6,375 sq. ft.
Structure and exterior
- Year built:1949
- Building area:6,375 sq. ft.
- Lot area:0.15 Acres
- Levels:2 Story
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$235.29
Parking
- Total parking spaces:5
- Parking description:Covered, Uncovered
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