Seller finally says Sell! $1 M price reduction ! 5 cap with tons of upside . Trophy Value Add Muti-family Investment opportunity in a Prime Hollywood Hills area of Los Angeles, CA. This Property has been in same family for over 40 years. Surrounded by condos- this could be taken to the next level with some minor cosmetic additions. Rents are 35 % below market ! The Market Cap Rate is over 8 % with a 9 x GRM. Property has a welcoming lobby - large pool- updated elevator - there is room to add multiple ADU's , a gym and a roof top deck. The property was built in 1965 but completely renovated in the 1980s- Units have Air Conditioning . Walk score here is 94. Premiere hiking trails nearby as well as Hollywood and Sunset Blvd eateries and shops. This is an amazing rental area -one of the most trendy, desirable and walkable neighborhoods in LA. Metro line is only a 15 min walk away and centrally located with Easy access to 101 freeway , Downtown and the San Fernando Valley. There is a tremendous amount of development and job availability in the immediate area. Netflix, Sunset Gower Studios, Nickelodeon, Capital Records within a 10 min drive.