MUST SELL OPPORTUNITY - PRIME EAST HOLLYWOOD INVESTMENT AT A 5.8% CAP
Pricing recently reduced — motivated seller. This newly completed development features a multilevel standalone home, five condo-style apartments, and two ADU recreation-room conversions currently under construction. Each unit is designed with upgraded finishes, stainless steel appliances, in-unit laundry, and private balconies, creating a modern living experience that appeals to today’s renters.
Located in one of East Hollywood’s most walkable and transit-friendly neighborhoods, the property boasts a Walk Score of 93 with excellent public transit and bike ratings. Residents can walk to the new Echelon Studios Campus and enjoy quick access to Koreatown, DTLA, Raleigh Studios, Sunset Bronson Studios, and a wide range of restaurants, cafés, and entertainment options.
The efficient size and unit mix make leasing and self-management straightforward, while East Hollywood’s strong rental market supports stable occupancy and long-term returns. Please contact the broker for details regarding the ADU construction status.