2053 Glencoe WAY, Los Angeles, CA 90068
2053 Glencoe WAY, Los Angeles, CA 90068
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 3,000,000
Est. payment | /mo

5 Beds

4 Baths

3,142 SqFt

Save
$ 3,000,000
Est. payment | /mo
Save

5 Beds

4 Baths

3,142 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,142 sqft

Price per Sqft $954

MLS Listing ID 26856999

Bedrooms 5

HOA Y/N No

Year Built 1928

Lot Size 3,463 Sqft

Property Description

Exceptional investment opportunity in the heart of the Hollywood Hills. This well-maintained 4-unit apartment building, built in 1928, offers approximately 3,142 square feet on a 3,463 square foot LAR2-zoned lot. The property features a desirable unit mix, strong in-place rental income, and significant long-term upside in one of Los Angeles' most sought-after rental markets.Located just minutes from the Hollywood Bowl, Runyon Canyon, Franklin Village, Hollywood & Highland, major studios, dining, entertainment, and convenient freeway access, the property attracts a broad tenant base seeking the ideal blend of neighborhood charm and urban convenience.The building presents an excellent opportunity for investors seeking stable cash flow with future value-add potential through strategic renovations and rental increases, subject to applicable regulations. Whether you're expanding an existing portfolio or acquiring a trophy asset in a premier Los Angeles location, this is a rare opportunity to own a classic Hollywood Hills fourplex with lasting investment appeal.Property highlights include:* Four residential units* Approximately 3,142 SF building* Approximately 3,463 SF lot* Built in 1928* LAR2 zoning* Prime Hollywood Hills location near shopping, dining, entertainment, hiking trails, and major employment centers* Excellent long-term investment with upside potentialBuyer to independently verify all information, including square footage, zoning, permits, rent amounts, operating expenses, and applicable rent control regulations.

Location

State CA

County Los Angeles

Area C03 - Sunset Strip - Hollywood Hills West

Zoning LAR2

Interior

Cooling None

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator

Exterior

Parking Features Door-Single, Garage

View Y/N Yes

View Hills

Building

Entry Level Multi/Split

Architectural Style See Remarks

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5549023018

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Joshua L Barre Westside Property Management Inc. #01222605

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.