John E Burge

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 

901 N El Centro AvenueHollywood, CA 90038

Multi-Family · 2,350 Sq. ft. | 0.10 Acres
$949,995 Active

901 N El Centro Avenue Overview

Time on Site:
339 days
Visits:
0

Charming 5-Unit Multifamily Property in Prime Hollywood Location – Value-Add Opportunity! Unlock the potential of this well-maintained 5-unit multifamily property located in the heart of Hollywood, just moments from the iconic Hollywood Strip, major studios, popular restaurants, bars, grocery stores, and the vibrant Larchmont Village. Each unit features 1 bedroom and 1 bathroom, with three units being recently updated with fresh paint, new flooring, and modernized bathrooms. Tenants are responsible for trash, gas, and electricity, while the building covers water only, keeping operating costs low. This property also offers significant upside potential, with expansion possibilities by building upward (buyer to verify), maximizing long-term value in one of LA’s most desirable rental markets. Conveniently located near Larchmont Village, Hancock Park, Melrose, Fairfax, and West Hollywood, this property is a standout investment with strong income potential and development possibilities.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

901 N El Centro Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,350
  • Price/Sq.ft. $404
  • Lot 0.10 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: Community Apartment

Income/Expenses

  • Gross Scheduled Income: 6337.0
  • Net Operating Income: 73054.62
  • Operating Expense: 3000.0
  • Water Sewer Expense: 3000.0

Listing Information

  • Contingency: NONE

Building Information

  • New Construction: No
  • Year Built: 1924

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C20 - Hollywood
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Curbs

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas,Trash Collection

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 5534028013
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: LAR3

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 2350.0
  • Building Area Units: Square Feet

General Information

  • Appliances: Gas Range,Water Heater
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: None
  • Fireplace: No
  • Foundation Details: Raised
  • Laundry Features: None
  • Levels: One
  • Stories: 1
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: None

Lot Information

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Area: 4151.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4151.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: Yes

General Information

  • Number Of Units Leased: 4
  • Number Of Units Total: 5
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected,Sewer Connected,Water Connected

901 N El Centro Avenue Neighborhood

Community

90038 (LOS ANGELES) Demographics

34
Median Age
18,237
Population Density (per sq. mile)
40%
College Educated
$48,786
Estimated Median Income
1,034
Estimated Total Home Owners
11,614
Estimated Total Renters
8% / 92%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

901 N El Centro Avenue Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

901 N El Centro Avenue Market Data

Based on the last 30 days in this zip code

$1,363,950
Average List Price
$784
Average Price per Square Foot
10
Properties Sold
115
Average Days on Market
145
Properties for Sale
Calculations provided by Reliance Network

901 N El Centro Avenue History

Date Event Value Agent
2/6/2026Source: CRMLS Price Increase
$949,995 2.1%
1/22/2026Source: CRMLS Price Reduction
$930,444 -2.1%
1/20/2026Source: CRMLS Status Change
Active
12/28/2025Source: CRMLS Status Change
Pending
12/21/2025Source: CRMLS Status Change
Active
11/17/2025Source: CRMLS Status Change
Pending
11/11/2025Source: CRMLS Price Reduction
$949,999 -9.5%
9/8/2025Source: CRMLS Price Reduction
$1,050,000 -12.1%
7/26/2025Source: CRMLS Added to Database
July 26, 2025
Listing provided courtesy of LRS Realty & Management Inc.Ricardo Velasquez- MLS# SR25168311MLS ProviderContact Information: [email protected] - 818-884-5155
Cookie Button: