Leola Commercial is pleased to present a newly listed investment opportunity located in the heart of Hollywood. Offered for sale for the first time in 27 years, this unique asset comprises two contiguous parcels totaling approximately 17,000 square feet. The property consists of 50 units, primarily single-room occupancy units with shared bathroom facilities, along with four studio units. The total rentable living area is approximately 11,032 square feet. Currently operating at a 5.25% capitalization rate based on in-place income, the property offers significant value-add potential, with an estimated 34% rental upside available to a new owner. Please reach out to us if you have any questions.