$4,200,000 - 1545 Gordon Street, Los Angeles

Los Angeles Home Sale

1545 Gordon Street is a well-maintained 16-unit multifamily property located in the heart of Hollywood, one of Los Angeles’ most vibrant and rapidly evolving neighborhoods. Built in 1965, this two-story courtyard-style apartment complex totals approximately 14,502 square feet and offers an ideal unit mix of (9) one-bed/one-bath and (7) two-bed/two-bath units—providing a balanced income stream and strong tenant appeal. Positioned on a 13,017 SF lot zoned LA-R4, the property features 21 secure underground garage parking spaces, a highly sought-after amenity in this dense urban submarket. Recent capital improvements—including newer windows, a new boiler, fresh exterior paint and doors, and upgraded stairways—enhance the property’s curb appeal while minimizing future maintenance costs. Additional amenities include private balconies, a coin-operated laundry room, automated entry gates, and a modern intercom and camera security system for enhanced resident safety. Just steps from Sunset Boulevard and surrounded by major developments, entertainment studios, and cultural landmarks, 1545 Gordon Street offers investors a rare opportunity to acquire a stabilized asset with both immediate income and long-term value-add potential in one of LA’s most iconic rental markets.