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1014 N El Centro Ave , Los Angeles, CA 90038
$1,680,000
Est. Payment: $8,972.38/mo
0 Bed
0 Bath
6375 Sqft
Status: Active | Days on site: 51
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CLW-X7515101 - CLW-C107850
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Chris Heller
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House Description

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 $264 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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Highlights

Listed by Sean Rosenzweig , 213-943-1897 Marcus & Millichap , 310-909-5500. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.15

Year Built

1949

County

Los Angeles

Area

C20 - Hollywood

Listing ID

26951113

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:0

Exterior Features

Lot:No Land Lease
Lot Dimensions:130x50
Garage Capacity:5
Zoning:[Q]R4-1VL-CPIO
Others:
  • ▪ Additional:2+ Total Units
Parking Features:Covered,Uncovered
Principal Interest
$8,972
Taxes
$1,071

Home Price

$1,680,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$336,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,972.38

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,972.38 $1,071.00 $0.00 $10,043.38
Yearly $107,668.51 $12,852.00 $0.00 $120,520.51
Total $3,230,055.30 $385,560.00 $0.00 $3,615,615.30

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T01:02:47.000Z

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