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Turnkey income-producing property in Hollywood’s active redevelopment corridor and outside the major flood zone. Totaling 1,836 sq ft on a 6,777 sq ft lot, the layout includes a 2 bedroom front home, a studio in the middle, and a 1 bedroom unit in the back, each with updated interiors, private outdoor areas, and separate entrances. Dual street access, gated alley entry, and two driveways allow parking for up to six cars, a rare advantage in this pocket. Includes a laundry and storage room with a new washer and dryer. Roof from 2022 and AC systems from 2025 offer long-term reliability and lower maintenance. Zoned PS1 with future multi-story development potential (verify with the City). Located within a federally designated Opportunity Zone and surrounded by major projects including Soleste Hollywood Boulevard, Monroe Residences, and the Hotel Hollywood development. The surrounding corridor continues to see new infrastructure, residential construction, and city-backed revitalization, fueling strong long-term rental and redevelopment demand. Current gross income is approximately $105,000 per year with upside through light improvements or flexible use. The layout supports an owner-user living in one unit while renting the others, continued multi-unit income, or conversion into one large single-family residence. Minutes to Hollywood Beach, , Aventura, Gulfstream Park, and the Hard Rock Hotel. A rare low-maintenance asset in a high-growth district ideal for investors.
Listing Updated: 2025-11-25 00:25:15
