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3625 Regal Place Los Angeles, CA $ 4,995,000
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3625 Regal Place
$ 4,995,000
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3625 Regal Place

Los Angeles, CA, 90068
$ 4,995,000
Bedrooms24 Baths19.0 Sq 12,357

Monthly Estimate*

$ 34,892

Listed by REMAX COMMERCIAL & INVESTMENT REALTY
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Multi-Family Home for sale in Los Angeles, CA

for $4,995,000 with 24 bedrooms and 19 full baths. This 12,357 square foot home was built in 1964 on a lot size of 0.27.

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.

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Multi-Family Active

Price

$ 4,995,000

Bedrooms

24

Full Bath

19

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.27

Year Built

1964

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24370458

Days on Market

39
Features
General
Zoning LARD1.5
Year Built 1964
Levels MultiSplit
Gross Income 372139.0
County Los Angeles
Net Operating Income 225475.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status ActiveUnderContract
Directions Regal Pl at Cahuenga Blvd
City Los Angeles
View Y/N N
Senior Community Y/N N
Total Units 14
MLS Area C03 - Sunset Strip - Hollywood Hills West
Lot Size Square Feet 11763.0
Private Pool N
Waterfront Y/N N
Carport Y/N Y
Street Name Regal
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 32
Standard Status ActiveUnderContract
Cap Rate 4.51
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Exterior
Parking Features Carport
Total Parking 14.0
Lot Size Area 11763.0
Number of Buildings 1
Spa N
Building Area Total 12357.0
Lot Size Acres 0.27
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Place
Total Bedrooms 24
Electric On Property Y/N N
Total Baths 19
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Internal Only
Street Number 1 3625
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* Excluded Features
List By
Remax Commercial & Investment Realty

Broker

(424) 293-4770

Phone

Affordability Calculator

$34,892
Per Month
100%
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Monthly Principal & Interest
$34,892
Monthly Property Taxes
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/19/2024$4,995,000 Listed Price

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3625 Regal Place, Los Angeles, CA, 90068 is a Multi-Family Home for sale at $4,995,000 with 12,357 sqft and a lot size of 0.27. 3625 Regal Place has 24 bedrooms, 19.0 baths, and was built in 1964. The property's zip code is 90068 which is in Los Angeles, CA

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