539 Gordon Ave is a well maintained duplex on a large 6,505 SF 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 SF lot which is zoned (Q) LAR4 presents extraordinary development opportunities. Developers can capitalize on multiple possibilities such as new multi-family construction, small lot subdivisions or ED1 projects.
Whether you're a developer, investor, or owner-occupant, 539 Gordon Street delivers multiple pathways to success. Owner-occupiers can residence in one unit while generating rental income from the other to offset mortgage obligations. Additionally, the mid-lot garage presents compelling potential for ADU conversion, further enhancing income opportunities.