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Property

Los Angeles, CA 90028 1545 Gordon Street

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Presented By: Brian Noh with Nohco Real Estate; 9493085775
  • MLS# OC25125267
  • 06/10/2025
  • Request Tour
  • Request Info
  • Beds • 9
  • Baths • 1
  • SQFT • 14,502
  • Garage • 25
  • Year Built • 1965

Home Details

1545 Gordon Street is a well-maintained 16-unit multifamily property located in the heart of Hollywood, one of Los Angeles’ most vibrant and rapidly evolving neighborhoods. Built in 1965, this two-story courtyard-style apartment complex totals approximately 14,502 square feet and offers an ideal unit mix of (9) one-bed/one-bath and (7) two-bed/two-bath units—providing a balanced income stream and strong tenant appeal. Positioned on a 13,017 SF lot zoned LA-R4, the property features 25 secure underground garage parking spaces, a highly sought-after amenity in this dense urban submarket. Recent capital improvements—including newer windows, a new boiler, fresh exterior paint and doors, and upgraded stairways—enhance the property’s curb appeal while minimizing future maintenance costs. Additional amenities include private balconies, a coin-operated laundry room, automated entry gates, and a modern intercom and camera security system for enhanced resident safety. Just steps from Sunset Boulevard and surrounded by major developments, entertainment studios, and cultural landmarks, 1545 Gordon Street offers investors a rare opportunity to acquire a stabilized asset with both immediate income and long-term value-add potential in one of LA’s most iconic rental markets. This is part of the Hollywood Collection offering and can be purchased individually or together with 5923 & 5947 Carlton Way.
Presented By: Brian Noh with Nohco Real Estate; 9493085775

Interior Features for 1545 Gordon Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate, Tile, Vinyl
Heating Y/NYes
Interior AmenitiesCeilingFans, GraniteCounters
Laundry FeaturesWasherHookup, GasDryerHookup, InGarage, LaundryRoom
Total Stories2
Window FeaturesDoublePaneWindows

Other Rooms

Entry Level1

General for 1545 Gordon Street

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, GasRange, Microwave, RangeHood, WaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.2
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, StreetLights, Sidewalks, Gated
Construction MaterialsStucco
CoolingWallWindowUnits
CountyLos Angeles
DirectionsOff 101 fwy, exit Sunset Blvd westbound, right on Gordon St.
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationFront
Facing DirectionEast
Fuel Expense0.0
Garage Spaces25.0
Garage Y/NYes
Gross Income363377.0
HOANo
HOA Fee$0.0
HeatingForcedAir
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet13021.0
Lot Size UnitsSquareFeet
MLS AreaC20 - Hollywood
MobileHomeRemainsYNNo
Net Operating Income174824.0
New ConstructionNo
Number Of Units Total16
Number of Units Leased15
Operating Expense154203.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofFlat
Security FeaturesCarbonMonoxideDetectors, GatedCommunity, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot4
Tenant PaysElectricity, Gas, Telephone
Total Actual Rent30281.0
Trash Expense0.0
UtilitiesCableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, WaterAvailable
ViewCourtyard
Water Sewer Expense0.0
Year Built1965
Year Built SourceAssessor
ZoningLAR4

Exterior for 1545 Gordon Street

Building Area Total14502.0
Crops Included Y/NNo
FencingBlock, Wood, WroughtIron
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixteenToTwentyUnitsAcre
Lot Size Acres0.2989
Lot Size Area13021.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters17
Number of Separate Gas Meters17
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesControlledEntrance, Underground, Garage
Private PoolNo
SpaNo
Total Parking25.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Clayton Bond

Sales Associate
Price $4,200,000
MLS#OC25125267
List Date 06/10/2025
Property Type Multi-Family
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