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6669 De Longpre Ave

2 Unit Apartment Building $1,690,000 ($845,000/Unit) Los Angeles, CA 90028

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Executive Summary

HUGE DROPPED IN PRICE! BIG OPPORTUNITY!!! Welcome to the charming Hollywood duplex! Minutes away from Highland Avenue and The Redline subway station, this property is a once-in-a-lifetime opportunity. Comprising two distinct units, one downstairs and one upstairs, each has a separate address—6669 De Longpre Ave. & 6671 De Longpre Ave. A captivating Spanish-style duplex, the total living space is 3,380 sq ft, each unit having approximately 1,600 - 1,700 sq ft, all with separate one-car garages. The unit on the first floor has 2 cozy bedrooms and 1 bathroom. The second-floor unit is filled with natural light supplied by big windows in every room. It has 2 bedrooms and 2 bathrooms, with a den being able to be converted into an office area. Located on a 6,000+ sq ft lot, there's ample space for both units and potential future development. Vacant, which is good for the buyer to have more potential income, Ready-to-Move In condition, with a rental potential of at least $4,500, this property is a wise investment. Zoned LARD 1.5, it promises substantial value growth. The property has an Accessory Dwelling Unit (ADU) and benefits from RD 1.5 zoning, allowing for a great increase in value due to the possibility of creating 2 additional units! Located conveniently around the corner from Sunset Blvd, centrally located in Hollywood, close to De Longpre Park, Universal Studios, numerous restaurants, entertainment centers, malls, etc., Do NOT miss this golden opportunity!!!

Offering Memorandum

Property Facts

Price	$1,690,000	Building Class	C
Price Per Unit	$845,000	Lot Size	0.14 AC
Sale Type	Investment	Building Size	3,380 SF
No. Units	2	No. Stories	2
Property Type	Multifamily	Year Built	1926
Property Subtype	Apartment	Parking Ratio	1.78/1,000 SF
Apartment Style	Low Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,690,000
Price Per Unit	$845,000
Sale Type	Investment
No. Units	2
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.14 AC
Building Size	3,380 SF
No. Stories	2
Year Built	1926
Parking Ratio	1.78/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.