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3625 Regal Place
Los Angeles, CA 90068
Sold
3625 Regal Place
Los Angeles, CA 90068
Sold
We are pleased to present for sale a highly unique 14-unit multifamily gem nestled in the Hollywood Hills walking distance to Universal City. 3625 Regal Place was built in 1964 and comprises a mix of 1, 2 and 3-bedroom units with unique architectural details and spacious layouts. The oversized 11,763 square foot parcel is situated on a gentle slope creating unique elevations throughout the property. There are private patio spaces with views of the surrounding hills as well as front and rear access via both Regal Place and Fredonia Drive. Soft story retrofitting has been completed and a certificate of completion has been issued. 3625 Regal is ideally located on a quiet cul-de-sac in close proximity to Hollywood, Universal City and Studio City. The property is walking distance to an amazing assortment of dining and entertainment options including The Baked Potato, Miceli's and Good Neighbor. 3625 Regal generates fantastic income equating to a cap rate of over 4.5% with remaining upside of approximately 45%. This is a rare turnkey asset allowing for favorable financing yet with tremendous upside potential.
PROPERTY INFORMATION
| MLS # | 24370458 | Lot Size | 11,763 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 4,995,000
Price Per SqFt: $ 404 |
DOM | 451 Days |
| Address | 3625 Regal Place | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 12,357 Sq. Ft. |
| Postal Code | 90068 | Garage | N/A |
| County | Los Angeles | Year Built | 1964 |
| Bed / Bath | 24 / 0 | Parking | 14 |
| Built In | 1964 | Status | Closed |
| Sold Date | 2024-05-31 |
INTERIOR FEATURES
| Has Appliances | Yes |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $5,328
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 03/19/2024 | Listed | $4,995,000 |
Topfind Realty
REALTOR®
(844)-333-8033
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Listing provided courtesy of Robert Renshaw, REMAX COMMERCIAL & INVESTMENT REALTY. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
