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$ 5,200,000
Est. payment | /mo
10 Beds
8 Baths
5,403 SqFt
$ 5,200,000
Est. payment | /mo
10 Beds
8 Baths
5,403 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,403 sqft
Price per Sqft $962
MLS Listing ID 26105472
Bedrooms 10
HOA Y/N No
Year Built 1958
Lot Size 6,507 Sqft
Property Description
We are pleased to present a thirty-two (32) unit portfolio located at 1211-1227 Tamarind Ave in Los Angeles, California. The subject property is located in a prime Hollywood location, just south of Sunset Blvd and east of Vine St. Located in Hollywood, 12111227 Tamarind Avenue presents four adjacent apartment buildings offered as a portfolio for the first time in 50 years. The properties occupy over 26,000 square feet of combined land and offer approximately 30% rental upside. Completed improvements include soft-story retrofits, SB721 inspections, and new electrical subpanels in every unit. Two buildings received new roofs in 2026, while three feature solar water heating and owner-owned laundry machines. The portfolio includes 24 parking spaces, with potential to convert tuck-under parking into ADUs, subject to buyer verification. Properties may be resold individually, providing disposition flexibility. Proximity to Sunset Boulevard, Hollywood entertainment destinations, the Metro B Line, and the 101 Freeway enhances connectivity, while the combined parcels offer future redevelopment potential. With four adjacent buildings in a prime Hollywood location, approximately 30% rental upside, and potential for ADU conversion and future redevelopment, this portfolio offers multiple avenues for value creation alongside the flexibility to resell properties individually. ***PLEASE NOTE: There are 4 buildings being sold as a portfolio ONLY. 1211, 1215, 1223 and 1227 Tamarind Ave, Los Angeles, CA 90038 (APNs: 5534-011-010, 5534-011-009, 5534-011-008, 5534-011-007). ***
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Interior
Fireplace No
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5534011010
Special Listing Condition Standard
Listed by Jason Tuvia Marcus & Millichap #01772495
NEARBY SCHOOLS & PROPERTIES
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Marissa Perez
Broker License ID: 01814964