Spanish bungalow retreat in the heart of Hollywood on nearly half an acre of lush, tropical grounds. This income-producing property is a great 1031 exchange opportunity & features 3 buildings: a main house with 2 beds/2 baths, gas fireplace, vaulted ceilings, sunroom, & updated kitchen; a detached studio w/ kitchenette & full bath (licensed Airbnb); & two 1-bed/1-bath units with updated kitchens and baths. Projected rents: main house ~$3,000, studio $1,500–$2,000, 1-beds ~$1,800 each. 4 electric meters, updated panels, sprinkler system, & fenced yard w/ room for pool, it's a fantastic 1031 exchange opportunity. Zoned for 4 stories (up to 45 ft, 30 ft within first 100 ft), offering future development potential—ideal for townhomes or multifamily. Minutes to Downtown, I-95, airport & beaches.
