1734 Taft Ave

We are pleased to present a twenty (20) unit apartment building located at 1734-1740 Taft Avenue in Los Angeles, California.

The subject property is located in a prime Hollywood location, north of Hollywood Boulevard and west of Western Avenue. Built in 1957 and 1958 respectively, this classic mid-century property is located in a prime Hollywood location, adjacent to the highly desirable Los Feliz neighborhood. Situated on a rare 18,224 SF double lot with two separate APNs, the property offers an excellent unit mix consisting of one (1) studio, fourteen (14) one-bedroom units, and five (5) two-bedroom units. This multifamily asset features an on-site laundry facility, full on-site covered parking, and is soft story retrofit exempt. This offering presents a unique opportunity to convert the existing carports into multiple ADUs (up to 16), dramatically increasing potential income. Some of the buildings' recent upgrades include a new roof on both buildings and new electrical subpanels and breakers in 1740. This legacy asset on the market for the first time in 50 years represents a rare and strategic investment opportunity in one of LA's most sought-after submarkets. Nestled in a prime Hollywood Location, this offering presents an excellent opportunity for an investor to capitalize on a classic Hollywood mid-century asset priced at only $192,500 per unit and $211 per SF for the land.

This home located at 1734 Taft Ave is currently active and has been available on pardeeproperties.com for 110 days. This property is listed at $3,850,000. It has 24 beds and 22 bathrooms. The property was built in 1957. 1734 Taft Ave is in the Hollywood community of County.

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