Property Description

1539 Gordon Avenue is a well maintained Duplex on a large 6,505 sq. ft. lot, in one of Hollywood's most coveted locations. The property is well positioned on Gordon Street between the iconic Sunset Strip and Hollywood Boulevard. The Duplex comprises a front unit with 3 bedrooms and 2 bathrooms, complemented by a well-appointed rear unit featuring 2 bedrooms and 2 bathrooms. Current rental income for the front unit is $2,902 monthly and the rear unit is receiving $2,277 a month in rent. The large 6,605 sq. ft. lot which is zoned (Q) LAR4 presents extraordinary NEW DEVELOPMENT opportunities. Developers can capitalize on multiple possibilities such as new multi-family construction, small lot subdivisions or ED1 projects. Additionally, the mid-lot garage presents compelling potential for ADU conversion, further enhancing income opportunities. Whether you're a developer, investor, or owner-occupant, 539 Gordon Street delivers multiple pathways to success.

ESSENTIAL INFO

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