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7706 Hollywood Blvd, Los Angeles, CA 90046
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7706 Hollywood Blvd Los Angeles, CA 90046

$3,000,000
  • 12 Beds
  • 10 Baths
  • 8,340 Sq.Ft.
Back Up Offer
$3,000,000 Get Pre-Qualified
Map preview of 7706 Hollywood Blvd, Los Angeles, CA 90046

Property Overview: 7706 Hollywood Blvd Los Angeles, CA has 12 bedrooms, 10 bathrooms, 8,340 living square feet and 10,371 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Listed by Michael Monempour | BRE #01996829 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 7 minutes ago | Last updated: April 29th, 2024 | Source CRMLS | DOM: 34
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Home details

Lot Sq. Ft
10,371
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Multi Family
Status
Back Up Offer
MLS#
24373453
City
Los Angeles
County
Los Angeles
Time on Site
34 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $5,500
  • Pro Forma/Market Rent: $5,500
Unit Breakdown 2
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,917
  • Total Rent: $15,337
  • Pro Forma/Market Rent: $17,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.15%
  • Gross Rent Multiplier: 10.76
  • Gross Scheduled Income: --
  • Net Operating Income: $154,451
  • Gross Operating Income: $251,544
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 7706 Hollywood Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • No Heating
  • None
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway Down Slope From Street
Property Information
  • Total # of Units: 10
  • Parcel Number: 5551013001
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of Fairfax, West of La Brea & North of Sunset
View more facts & features

Local Los Angeles Agent

Sale History for 7706 Hollywood Blvd

View property's historical transactions

  • April, 2024

  • Apr 26, 2024

    Date

    Back Up Offer

    CRMLS: 24373453

    $3,000,000

    Price

  • Mar 27, 2024

    Date

    Active

    CRMLS: 24373453

    $3,000,000

    Price

Tax History for 7706 Hollywood Blvd

Assessed Value (2020): $663,927
Year Land Value Improved Value Assessed Value
2020 $293,629 $370,298 $663,927

Home Value Compared to the Market

This property vs the competition

7706 Hollywood Blvd is listed 142.72% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $359.71 per/sqft which puts the price per square foot 53.47% lower than the median price per square foot for the city of Los Angeles.

About 7706 Hollywood Blvd

Detailed summary of property

7706 Hollywood Blvd is a multi family located in Los Angeles, CA 90046 and is currently in escrow to be sold. This multi family property offers 12 bedrooms, 10 bathrooms, roughly 8,340 living square feet, and sits on an approximately 10,371 square foot lot. 7706 Hollywood Blvd was first listed on ArdentRealEstateGroup.com on March 27, 2024. The homeowner is currently asking $3,000,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 142.72% higher than the median priced home. Local competing homes currently for sale include 3341 Cahuenga Blvd, 220 S Poinsettia Pl and 183 S Detroit St. While the average home in Los Angeles, CA is selling in 96 days, 7706 Hollywood Blvd has a days on market of 34 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 7706 Hollywood Blvd Los Angeles, CA 90046 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7706 Hollywood Blvd

Public county record property details
Beds
12
Baths
10
Year built
1950
Sq. Ft.
8,340
Lot Size
10,367
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5551-013-001

The source for these homes facts are from public records.

90046 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,995,000
Median List Price/Sq.Ft.
$918
Median Sold Price
$1,800,000
Median Sold Price/Sq.Ft.
$766
Total Inventory
206
Median Sale to List Price %
100.56%
Avg Days on Market
52
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (4.55%), Other (9.09%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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