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6137 Eleanor Ave

6137 Eleanor Ave, Los Angeles, CA 90038, USA

UNDER CONTRACT

$2,025,000

Property Details

Listing Agent

Property Type

Multifamily

Units

12

Price Per Unit

$168,750

Price Per SF

$311.16

Cap Rate

5.03%

GRM

11.54

Eial Headshot 2_edited.jpg

Jason Tuvia

Senior Managing Director Investments

(818) 212-2735

Property Description

The Tuvia Group of Marcus and Millichap is pleased to present a twelve (12) unit apartment building located at 6137 Eleanor Ave in Los Angeles, California. The subject property is located in a prime Hollywood location, just south of Santa Monica Blvd and west of Gower St.


Located in prime Hollywood, this multifamily property offers approximately 65% potential rental upside and a unit mix comprising one guest unit, two studios, eight one-bedroom units, and one two-bedroom unit. Built by the seller’s family, the property features a completed soft-story retrofit, a 2005 copper re-pipe, and new electrical subpanels. Mature landscaping provides shade, privacy, and curb appeal. Four rear tuck-under parking spaces may present ADU conversion opportunities, subject to feasibility and approvals. Residents benefit from convenient access to the 101 Freeway and commercial corridors along Santa Monica, Gower, Vine, and Cahuenga. Nearby amenities include Hollywood Recreation Center, Larchmont Village, and Hollywood’s diverse selection of restaurants, shops, and entertainment venues throughout the surrounding neighborhood.


With approximately 65% potential rental upside, completed capital improvements, mature landscaping, and potential ADU conversions, the property presents a compelling value-add opportunity in prime Hollywood.

Property Location

6137 Eleanor Ave, Los Angeles, CA 90038, USA

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Contact

Address

Social

Call

818-212-2735

Marcus & Millichap

16830 Ventura Blvd #100

Encino, CA 91346

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License

#01772495

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