7003 Willoughby AVE Los Angeles, CA 90038

First time on the market in 47 years. An incredible investment/developer opportunity to own a 4-unit income property in close proximity to West Hollywood, the Melrose District and bustling North Sycamore Avenue. Rare MR1 zoning! Four 2 bed + 1 bath units with original hardwood floors and 1920's Hollywood charm. All 4 units are occupied. Property needs foundational work. Property to be sold AS-IS with 4 tenants in place and no credits for repairs. Terrific opportunity for investment with rental upside potential or significant development potential. This is a probate sale - agents, please see private remarks. Property is subject to City of LA Rent Stabilization Ordinance. Drive-by only; do not disturb occupants.