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1645 Courtney Ave Los Angeles, CA, 90046
$3,650,000 Commercial under contract Other
1645 Courtney Avenue and 7706 Hollywood Blvd are being offered for sale for the first time in over 50 Years!The offering consists of 22 Units and 17,580 of rentable living space located in the heart of Hollywood just off of Nichols Canyon. This unique rarely traded asset is situated in one of the most desirable rental markets in Los Angeles adjacent West Hollywood. There is an excellent unit mix consisting of Six 2 Bedroom / 1 Bathroom, fourteen 1 Bedroom / 1 Bathroom & Two Studio Units which is very desirable for today's rental market. Furthermore, 12 Units are being delivered Vacant at the close of escrow! This is a unique opportunity for a savvy investor to acquire a value-add property and immediately recognize it's potential. Additionally, the properties sit on a large 20,307 sf lot split between two parcels to prevent against ULA Tax for a potential exit strategy.
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Property details
9,240 sqft interior area
Land area
9,936 sqft (0.23 acres)
Days on Verhouse
54
Address
1645 Courtney Ave, Los Angeles, CA, 90046
City of California
Los Angeles
County
Los Angeles
Year Built
1949
District
Listing
Nearby major retailers
Albertsons
Trader Joe's
Whole Foods Market
T-Mobile
Gucci
Tom Ford
Toyota
Supermarket: 12
Mobile phone: 4
Clothes: 2
Car: 1
Car repair: 1
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Interior Features
—
Garage & Parking
Other
Listed by
Michael Monempour, Lyon Stahl Investment Real Estate, Inc.
Name
Michael Monempour
License number
01996829
Brokerage company
Lyon Stahl Investment Real Estate, Inc.
MLS #
CL24373435
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Calculate your monthly payments
Mortgage
$11,207
Taxes
$0
HOA dues
$0
Mortgage
$730,000 / 20%
2.28%
30 years
Your amount
$11,207 / month
Lot details
TMK #5551013009
Parcel nr.
5551013009
90046 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90046
33%
Families with children
National average: 39%
65%
Non family households
335,139
Population
$131,321
Average Income
Age & gender
Median age 39 years
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Commute types
74% commute by car
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Education level
40% have bachelor education
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Number of employees
2% work in management
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Vehicles available
54% have 1 vehicle
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Vehicles by gender
54% have 1 vehicle
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Housing market insights for
$2.44m
Neighborhood average
sales price*
sales price*
$1.73m
Neighborhood median
sales price*
sales price*
761
Number
of sales*
of sales*
Housing type
38% are apartments
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Rooms
38% of the houses have 2 or 3 rooms
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Bedrooms
43% have 2 or 3 bedrooms
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Owners vs Renters
69% are renters
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17.83 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Under contract Apr 30, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 30, 2024 | Under contract | $3,650,000 | 0 | MLS #CL24373435 |
| Mar 27, 2024 | New Listing | $3,650,000 | 0 | MLS #CL24373435 |
Taxes of 1645 Courtney Ave, Los Angeles, CA, 90046
LAR3 zoning / MLS #CL24373435
Zoning
LAR3
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Frequently Asked Questions about 1645 Courtney Ave
What is 1645 Courtney Ave?
1645 Courtney Ave is a Commercial/Industrial propertywith 9,240 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
1645 Courtney Ave, Los Angeles, CA, 90046.
What comparable properties are nearby?
Comparable nearby commercial properties include 7706 Hollywood Blvd, 1316 N Fairfax Ave, 7401 Fountain Ave, 7056 Lanewood Ave, 1252 N Mansfield Ave, 7809 Melrose Ave.
Based on information from the bridgeMLS as of 05-19-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 30, 2024
Verhouse Last checked 5 minutes ago
The closest grocery stores are Ralphs, 0.54 miles away and Whole Foods Market, 0.7 miles away.
The 90046 zip area has a population of 335,139, and 33% of the families have children. The median age is 39.57 years and 74% commute by car. The most popular housing type is "apartment" and 69% is renter.
