2016 Vista Del Mar Ave is a fully rebuilt 6-unit bungalow-style multifamily compound in the Hollywood Hills, offering turnkey scale and modern infrastructure within one of Los Angeles’ most supply-constrained residential submarkets. Renovated down to the studs by AIH Development, the property delivers architectural integrity alongside low-maintenance systems aligned with long-term ownership.

The 6-unit mix consists of (1) 2-bed / 2.5-bath unit, (1) 1-bed + office unit, and (4) additional 1-bed residences, arranged across four buildings in a courtyard configuration on a 12,267 SF lot. Each unit is separately metered. The property includes covered parking for 7 vehicles, all EV-ready.

Originally constructed in 1921 and 1923, 2016 Vista Del Mar Ave underwent a full systems replacement, including electrical, plumbing, HVAC, windows, roofing, and exterior finishes. The scope of renovation materially reduces near-term capital exposure and aligns the asset with contemporary renter expectations.

Full Systems Replacement With Long-Term Capital Discipline

The renovation replaced legacy infrastructure with energy-efficient, low-maintenance materials. Modern HVAC systems, upgraded building envelope components, and new utility systems provide operational predictability. For long-term holders, this level of rebuild shifts focus from deferred maintenance to performance.

A Unit Mix Aligned With Hollywood Hills Demand

The 2-bed / 2.5-bath residence offers flexibility for owner occupancy while maintaining rental income from the remaining 5 units. The 1-bed and 1-bed + office layouts reflect current renter demand in the lower Hollywood Hills, where privacy, finish quality, and proximity to employment nodes influence leasing velocity. Boutique compound configurations of this scale are limited in the immediate area.

Lower Hollywood Hills Location Near Franklin Village

Positioned just north of Franklin Village, 2016 Vista Del Mar Ave benefits from proximity to the Hollywood Bowl, major studios, and the Hollywood Media District. Walkable retail and neighborhood amenities support tenant retention, while central access to Hollywood, West Hollywood, and Downtown Los Angeles reinforces demand from entertainment and tech professionals.

This is established hillside inventory, not expansion-driven supply.

Turnkey Scale in a Constrained Submarket

Hollywood Hills multifamily inventory rebuilt to this level is limited. Terrain, zoning, and preservation dynamics restrict new delivery. The combination of full renovation, boutique scale, and proximity to core employment corridors positions 2016 Vista Del Mar Ave within a narrow segment of available product. For buyers prioritizing architectural character, modern infrastructure, and location discipline, the asset offers stabilized positioning within a historically resilient submarket.

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