Prime Hollywood 10 Units | Many Capital Improvements | Premier Location Near Melrose & Sunset Rare opportunity to acquire a well-located 10-unit multifamily asset in the heart of Hollywood, offering investors durable cash flow and long-term upside in one of Los Angeles’ most supply-constrained and desirable rental markets. 1530 N. Formosa Avenue represents a rare opportunity to acquire a boutique multifamily asset in one of Los Angeles’ most culturally vibrant and globally recognized neighborhoods. Located in the heart of Hollywood, just moments from Sunset Boulevard, Melrose Avenue, and the Hollywood Media District, the property offers investors a highly desirable combination of prime location, durable income, and favorable in-place financing. This 10-unit property benefits from several capital improvements, including a new roof, updated plumbing and electrical and a completed seismic retrofit. Built in 1957, 1530 N. Formosa Avenue offers a well-balanced mix of one- and two-bedroom residences, appealing to a broad tenant base drawn to the energy and walkability of Hollywood’s premier lifestyle corridors. Residents benefit from close proximity to an unparalleled collection of renowned restaurants, luxury retail destinations, creative office campuses, and iconic entertainment venues, positioning the property within one of the most dynamic rental markets in Los Angeles. Hollywood continues to attract tenants employed across the entertainment, streaming, technology, and media sectors, supported by ongoing investment in production facilities, studio infrastructure, and creative office environments. The neighborhood’s enduring global appeal, combined with high barriers to new multifamily supply, continues to support strong occupancy fundamentals and long-term rent growth trends. 1530 N. Formosa Avenue offers investors the opportunity to acquire a well-maintained asset with immediate income and future upside potential, supported by the ability to enhance revenue through thoughtful interior upgrades and strategic repositioning over time. The combination of location quality, strong tenant demand, and favorable debt creates a compelling acquisition opportunity for investors seeking to expand their presence within core Los Angeles submarkets. As opportunities to secure multifamily assets in premier Hollywood locations with assumable financing below prevailing market rates remain limited, 1530 N. Formosa Avenue represents an attractive opportunity to acquire long-term generational real estate positioned for durable performance and continued appreciation within one of the nation’s most established rental markets. Investment Highlights 10-unit multifamily asset located in prime Hollywood rental market Assumable financing at 3.74% fixed interest rate through 2027 - adjusts to low 5% - still below market rate Strong in-place income with potential to increase rents over time Desirable unit mix of one- and two-bedroom apartments Located near Sunset Boulevard, Melrose Avenue, and the Hollywood Media District High demand rental pocket supported by entertainment, media, and creative employment drivers Attractive alternative to securing new debt at current market interest rates Well-positioned for long-term appreciation in a high barrier-to-entry market Ideal for private investors or family offices seeking stable yield with upside potential