5816 Willoughby Avenue, Los Angeles, CA 90038
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
5816 Willoughby Avenue,Los Angeles, CA 90038
$925,000
- 3 Beds
- - Baths
- 2,254 sq. ft.
- Multi-family
- Active
Listed by:chandler rockwell
Office:fred leeds asset group inc.
MLS#:CL25614353
Source:CA_BRIDGEMLS
Price summary
- Price:$925,000
- Price per sq. ft.:$410.38
About this home
3-unit multifamily investment OR Development opportunity located in perhaps one of the strongest submarkets in Los Angeles, Hollywood, CA. The property is situated in one of the trendiest locations in Los Angeles, sitting just North of Melrose Ave, sandwiched between Vine Street and Gower Street. The property currently features 2,254 square feet of gross rentable area, situated on a 6,491-square foot lot. The 3-unit building is composed of 3 two-bedroom/one-bathroom units and offers gated parking for tenants. 5816 Willoughby Avenue offers tenants excellent proximity to some of Los Angeles' finest amenities such as the Sunset Strip, Wilshire Country Club, Melrose Avenue, Restaurants on La Brea, the world renowned shopping center, The Grove and others. Nearby grocers include Trader Joe's, Pavilions and Sprouts. Local dining options include Alfalfa, Osteria, Great White, Ramen Melrose, The Common Good, Stir Crazy and many more. Due to the property's premier location, 5816 Willoughby Avenue offers a unique opportunity to any investor looking to acquire a well-maintained asset or develop a completely new product in the heart of Central Hollywood* Opportunity: As Is build (2) Detached ADU's OR Redevelop into 8-Units OR Redevelop into 8-Units and add (2) ADU's *Buyer to Verify*
Contact an agent
Home facts
- Year built:1916
- Listing ID #:CL25614353
- Added:1 day(s) ago
- Updated:November 04, 2025 at 11:53 PM
Rooms and interior
- Bedrooms:3
- Living area:2,254 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1916
- Building area:2,254 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$925,000
- Price per sq. ft.:$410.38
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