Under Contract
3625 Regal Place
Los Angeles CA, 90068
$4,995,000
$404.22 per sqft
Under Contract
24 Beds
19 Baths
12,357 sqft
Residential
Built in 1964
Listed by Robert Renshaw with REMAX COMMERCIAL & INVESTMENT REALTY 310-802-2500
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.
24370458
MLSⓇ ID
March 18, 2024
Listed
April 19, 2024
Updated
Map
3625 Regal Place
Los Angeles CA, 90068
Interior Features
Total Stories
2
Bedrooms
24
Total Bathrooms
19
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.27 Acres
Other Property Details
Area Name
C03 - Sunset Strip - Hollywood Hills West
Days on Market
32
Garage
No
Parking
Carport
Parking Total
14
View
No
County
Los Angeles
Pool
No
Zoning
LARD1.5
Buyer Agency Compensation
1.5%
Listing History
Date | Event | Price |
|---|---|---|
4/19/2024 | Under Contract | — |
Listing Contact: 310-802-2500
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/19/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 4/19/2024 at 6:13 PM UTC