First time on the market in over 20 years! Here's your chance to own a vintage 1920s 4-plex apartment building, located in Hollywood, just steps away from Los Feliz and Silverlake. This property is fully occupied and offers an investor the ability to have immediate cashflow from day one. The building features four large 2-bedroom floorplans, all with washer/dryer hookups and two private parking spaces per unit - or a total parking for 8 vehicles. Current rents are below market by approximately 30-40%, which offers a savvy landlord the ability to capture sizable additional income. With a large 6,500 square foot lot and R1.5 zoning, potential development opportunities exist, including adding multiple ADUs! This one won't last long, inquire today for more information!