Exceptional investment opportunity in the heart of Hollywood! Ideally located steps to Young Circle & only 2.5 miles to the beach, this property offers outstanding value-add & income potential. Situated on high-density ND-3 zoned land, the property is currently configured as a quadplex with 2,670 sf of living space, consisting of a 3/1, a 1/1 & two studios. The property has two electric meters & a house meter. Note that there is currently has a Certificate of Use Violation from the City, which buyer will assume & work with the City to resolve. The existing layout can also be readily converted back into a duplex configuration as a spacious 4/2 & a 2/2. Priced below market value, this is an outstanding opportunity for the savvy looking to maximize the potential of a prime Hollywood location!