911 Seward Street

Los Angeles, CA 90038

$2,950,000
Price
4
Beds
4
Baths
3,816 Sq. Ft.
$773 / Sq. Ft.
3,816
Sq. Ft.
$773
per Sq. Ft.

Description

The MOST adorable restaurant setting/event space on a parcel shared by a duplex. You get all of it! If you know Hollywood, you know Grub and Hollywood's Hidden House. The restaurant/event space is 1,500 square feet plus al fresco dining which almost doubles the usable seating space to a total of sixty-four. This building was formerly used as a duplex, too. The space includes an area for a commercial kitchen, prep, wash station, two bathrooms, inside and outside (covered) storage, wait station, and...The MOST adorable restaurant setting/event space on a parcel shared by a duplex. You get all of it! If you know Hollywood, you know Grub and Hollywood's Hidden House. The restaurant/event space is 1,500 square feet plus al fresco dining which almost doubles the usable seating space to a total of sixty-four. This building was formerly used as a duplex, too. The space includes an area for a commercial kitchen, prep, wash station, two bathrooms, inside and outside (covered) storage, wait station, and office. Entitlements in hand include: ABC 41 License for the sale of beer and wine, ABC 58 license for alcohol sales through catering, Public Health Permit, CUP (Conditional Use Permit) from the City of Los Angeles for operating a restaurant in a residential zone, CUP for beer and wine sales, and a Police Commission Permit. The duplex is a separate building comprised of one unit up ($3,500/month actual rent), one unit down ($2,595/month actual rent), two bedrooms/one bath each. Just down the street from Rao's Hollywood, Starbucks, Osteria and Pizzeria Mozza in the middle of the Hollywood Media District! Perfect setup for success. Whether you want to be the next Jackson Market and Deli, Marie et Cie, or have your own new and vibrant idea -- this is your opportunity! Do not enter property or contact owners or tenants. Entry is restricted and subject to strict scheduling. Residential units may be inspected upon accepted offer.
  1. Listed by Scott Campbell • DRE #01389031 • Brokerage DRE #01703618 • Nourmand & Associates-HW

Property Details for 911 Seward Street

Zoning
LAR2
Style
Bungalow
Cross Streets
Santa Monica Blvd and Highland Ave
Parcel Number
5532015046
Total Units
4.0
Living Area
3816
Source Living Area
Vendor Enhanced
Area
Hollywood (C20)
LISTING UPDATED: 06/08/2024 12:01 AM

Property Details for 911 Seward Street

StatusActive
MLS #24-399083
Days on Market171
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.12 AC / 5,175 SF
CountyLos Angeles County

Building Information for 911 Seward Street

Stories2Residences-Year Built1923Building Size-Lot Size0.12 AC / 5,175 SF

Property Information for 911 Seward Street

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Apartment
  • View: No
  • View Description: None
  • View: None
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector, Window Bars, Owned
  • Direction Faces: North
  • Water: Public
  • Sewer: In Connected and Paid
Contract Info
Contract Info
  • Financing: Cash, Cash To New Loan
  • Disclosures: As Is, Listing Broker Advantage, Property Report
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $73,140
  • Net Operating Income: $73,140.00
  • Gross Income: $73,140
  • Gross Rent Multiplier: $15.00
  • Actual Annual Gross Rent: $73,140.00
  • Actual Rent Total: $73,140.00
  • Owner Pays: Water
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Acreage: 0.1188
  • Lot Size Square Feet: 5175
  • Lot Features: Rectangular Lot
  • Lot Description: Sidewalks, Lot Shape-Rectangular, Single Lot, Street Asphalt, Street Lighting
  • Lot Location: City, Corner Lot, Near Public Transit
Parking Details
Parking Details
  • Parking Garage: Parking Space, Driveway
  • Total Parking: 1
  • Open Other Spaces Total: 1
  • Parking Features: Parking Space, Driveway
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: Decorative
  • Fireplace Rooms: Decorative
  • Cooling: Central Air, Wall/Window Unit(s), Evaporative Cooling
  • Cooling Type: Air Conditioning, Central, Wall/Window, Evaporative
  • Heating: Combination
  • Heating Type: Combination
  • Flooring: Mixed, Wood
  • Equipment: Alarm System, Dryer, Washer, Range/Oven
  • Common Walls: Attached
  • Laundry: In Unit, Outside, Community
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-03-2024
  • Listing Terms: Cash, Cash To New Loan, Standard Sale
  • Tenant Pays: Electricity, Cable TV, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,047.50
  • Unit Actual Rent: $6,095.00
  • Unit Projected Rent: $6,500.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $401,929.00
  • Assessed Improvement Percent: 33.33
  • Assessed Land Value: $803,866.00
  • Assessed Land Percent: 66.67
  • Assessed Total Value: $1,205,795.00

Property History for 911 Seward Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 911 Seward Street

Taxable ValueLand$819,943Additions$409,967Total$1,229,910
Tax Record2024$15,303 ($1,275 / month)
Home Facts
Total Finished SqFt3,816 SqFtAbove Grade Finished SqFt3,816 SqFtStories1Lot Size5,175 SqFtStyleOffice BuildingYear Built1923ZoningLAR2CountyLOS ANGELESAPN5532-015-046

Schools near 911 Seward Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Vine Street Elementary School
PublicK to 6

Hubert Howe Bancroft Middle School
Public6 to 8

Fairfax Senior High School
Public9 to 12

Melrose Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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911 Seward Street is a multi-family home for sale in Los Angeles, CA 90038. This property was listed for sale on May 31, 2024 by Nourmand & Associates-HW, it's currently listed at $2,950,000. It has been on the market for a total of 171 days and was last sold on November 12, 2004. This listing's school district is Los Angeles Unified School District. Nearby schools include Vine Street Elementary School, Hubert Howe Bancroft Middle School and Fairfax Senior High School. 911 Seward Street is a 4-bed, 4-bath, 3,816 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nourmand & Associates-HW, Scott Campbell, DRE #01389031

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.