$1,295,000

At the offered price, the Seller will buy the rate down to below 6% note rate from a conventional mortgage (equivalent as if buying it for about $1,100,000 with market interest rate)! Welcome to your next investment property that is listed over $100,000 BELOW the appraised value (copy available upon request)! Tenants just moved in with market rents, this is a great investment in a great part of town. This is down the street from the Ford Theater, The Hollywood Bowl, and walkable to the popular and iconic Hollywood neighborhood with shops, restaurants, and entertainment. Alternatively, you can head into the Valley to Studio City, Universal Studios, and more. Both units had been recently renovated with newer flooring, fresh paint, and more. This classic 1920s architecture gives Old Hollywood vibes as it boasts character throughout. The first unit is a 2 bedroom, 1 bath with the second unit being a 3 bedroom, opening up a large pool of future tenants with low vacancy.