About this home

INVESTOR / BUILDER / DEVELOPER OPPORTUNITY! Located in the heart of Hollywood's Afton Square neighborhood, this classic 1920s Mediterranean-style quadraplex presents a rare opportunity to acquire a large R3-zoned multifamily property with significant upside potential. Situated just minutes from the Hollywood Walk of Fame and directly across from Sunset Gower Studios' Stage 9, the property offers an exceptional location for investors, owner-users and developers alike. The approximately 7,700-square-foot lot features a character-rich four-unit building with approximately 5,746 square feet of interior space. Each spacious unit offers 2 bedrooms and 1 bath, with oversized interiors, high ceilings, crown molding and the architectural character associated with Hollywood's classic apartment buildings. Two units are currently ready for rehabilitation, providing an immediate opportunity for a new owner to renovate and reposition the vacant units. The remaining two units are occupied.The property is zoned LAR3, offering potential for future development or expansion. The site may also present opportunities for additional accessory dwelling units or other residential improvements under applicable current City of Los Angeles and California regulations. Buyer to independently verify all zoning, development, ADU, SB 79, density, parking, historic-resource, RSO and other development requirements with the appropriate governmental agencies and qualified professionals.

Facts and features

Schools

• Joseph Le Conte Middle School

  middle · 6-8 · 0.3 mi

  3

• Hollywood Elementary

  elementary · K-5 · 0.4 mi

  3

• Hollywood Senior High School

  high · 9-12 · 1.0 mi

  8

• Stratford School

  elementary · PK-2 · 0.4 mi

• Stratford School-Los Angeles Melrose

  elementary · PK-2 · 0.4 mi

• Grant Elementary School

  elementary · K-6 · 0.6 mi

  6

Price history

• Oct 8, 2026 · Listed$1,195,000
• Jun 29, 2025 · Listing Removed—
• Feb 25, 2025 · Listed$1,299,000

Tax history

• 2025$24,162 tax · $1,999,314 assessed
• 2024$8,834 tax · $1,960,113 assessed
• 2023$2,526 tax · $140,152 assessed
• 2022$2,441 tax · $137,405 assessed
• 2021$2,376 tax · $134,712 assessed
• 2020$2,387 tax · $133,332 assessed
• 2019$2,322 tax · $130,718 assessed
• 2018$2,169 tax · $128,156 assessed

Home value

$1,663,000

• Collateral Analytics$1,663,000

Where it is