Detailed Introduction Of This Home
HOLLYWOOD DELL DUPLEX + DEVELOPMENT OPPORTUNITY FOR SALE - The rarity to own property within the iconic Hollywood Dell neighborhood paired with the long-term security + flexibility of both a premium duplex & sizable lot ideal for future development presents a one-of-a-kind investment opportunity. The property currently features 1) a renovated duplex with upper unit (2 BR / 2 BA) & lower unit (2 BR / 2 BA) that is fully occupied & rented near market rates, and 2) a detached studio (0.5 BA) that is rented by the tenant in lower unit MTM. The studio is plumbed to add 1 BA + kitchen & has a Certificate of Occupancy. There are two options available to create future value: Option 1 is to lightly renovate the existing studio, creating 3 units total. Option 2 is to demolish the studio & develop 2 ADUs, creating 4 units total. Please contact agent for detailed Offering Memorandum.