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First time on the market...Terrific opportunity to own an income producing 8 unit multifamily investment property located in the Hollywood area just south of Santa Monica Blvd. and north of Melrose Avenue. Convenient to shopping, transportation, banking, schools, restaurants, and Paramount Studios.There are 5 studio apartments, and 3 one bedroom, 1 bath apartments. Amenities include entry doors to each apartment are from the famous Ambassador Hotel (imagine the stories they could tell if they could talk), tile countertops, refrigerators, stoves, hardwood flooring, either wall heat units, & wall air conditioners, or split A/C/heat units, and an abundance of windows allowing sunlight to filter through each unit. Other features nice to have are 3 single garages, 1 additional uncovered parking space, a separate laundry room with 2 coin-operated washing machines and 2 coin-operated dryers.Tenants are responsible for their own utilities with the exception of water, & sewer. There are three available units . There is a resident manager that oversees the property for the owner. PLEASE NOTE: This listing is also listed as a Residential Income listing with Listing ID: PW21006169.