5850 Foothill Dr - Multi-Family FOR SALE


Los Angeles, CA 90068- Hollywood Hills
$3,374,000 USD
720-687-2699
5850 Foothill Dr, Los Angeles, CA for Sale
$3,374,000 USD
Multi-Family - FOR SALE
1/64
null | 5.78% Cap Rate

5850 Foothill Dr
Los Angeles, CA 90068
Hollywood Hills


HIGHLIGHTS

  • Walkable Residential Neighborhood
  • Well Maintained, Extensively Renovated, Move-In Ready.
  • Delivered Vacant

OVERVIEW

Delivered vacant, 5850 Foothill Drive is a gated duplex in the Hollywood Hills offering two full residences across ±4,122 SF on a ±7,800 SF lot. The property includes two spacious, well-appointed apartments with separate entries, kitchens, and living areas. Multiple yards, balconies, a detached garage, and mature landscaping provide the amenities typically associated with a high-end single-family home. The property also includes city-approved plans for a detached Accessory Dwelling Unit (ADU) and a permitted swimming pool, creating potential for additional rental income or enhanced owner enjoyment. Located on a street noted for its historic Craftsman architecture, this home is unique in providing apartment living within a single-home setting. Its flexible layout supports a range of uses, including an owner-occupant with rental income, multi-generational living, an investment property, or conversion into a single-family estate. Disclaimer All rent and income figures are marketed estimates only and do not constitute a guarantee of future performance. Property is subject to the City of Los Angeles Rent Stabilization Ordinance (RSO) and applicable tenant protections. Buyer to verify all information, including unit mix, square footage, zoning, and approvals, to their satisfaction. The neighborhood offers a walkable lifestyle, with Franklin Village cafés, shops, and amenities nearby. Investment Highlights -Two full units with private entries, kitchens, and living areas -Permit-ready ADU plans (1BR/1BA) + approved pool for future upside -Recent upgrades: new roof, HVAC, flooring, kitchens, and bathrooms -Pristine condition: well-maintained systems, grounds, and building -Historic character: Batchelder fireplaces and preserved period details -Security: alarm system installed -Parking: 2-car garage + 2 surface spaces + ample free on-street parking Location Situated in the Hollywood Grove Historic Overlay Zone, the property is minutes from Griffith Park, the Hollywood Bowl, Franklin Village, and major studios, with convenient 101 freeway access. Disclaimer This property is owned by Andrew Ghadimi and is offered for sale exclusively through the Listing Broker, Corina Danckwerts (Keller Williams Realty, DRE #01936860). Owner is not a licensed California real estate broker. All inquiries, offers, and negotiations must be directed to the Listing Broker identified above. All rent and income figures are marketed estimates only and do not constitute a guarantee of future performance. Property is subject to the City of Los Angeles Rent Stabilization Ordinance (RSO) and applicable tenant protections. Buyer to verify all information, including unit mix, square footage, zoning, and approvals, to their satisfaction.

FOR SALE DETAILS

PRICE

$3,374,000 USD

PRICE/SF

$819 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,687,000

CAP RATE

5.78%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Historic Well-Maintained Hollywood Duplex

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,800 SF

ZONING

-

APN/PARCEL ID

5586-023-026

ASK ABOUT THIS PROPERTY

Antonio CarvalhoEmerald RealtyMore Info
720-687-2699

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Antonio CarvalhoEmerald RealtyMore Info
720-687-2699

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.