1759 Orchid Ave - Apartments FOR SALE
Los Angeles, CA 90028 |
1759 Orchid Ave
Los Angeles, CA 90028
HIGHLIGHTS
- Stabilized Asset with Strong Collections - Opportunity for an investor to acquire a stabilized asset with strong collections: 90% receipts in Dec 2020
- Iconic Location - The Property is nestled between the famed Hollywood Blvd & Franklin Ave, home to many of Los Angeles’ top dining & nightlife
- Access to Major Employment
- Affordability Gap to Homeownership - Hollywood has become one of the most expensive neighborhoods as the median home price has grown to over $1.7M
- High Walkability Drives Rent Growth - Boasts a near perfect 97 walkscore
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
1759 Orchid
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
40502
STORIES
4
YEAR BUILT
1927
PARKING SPACES
50
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5548-004-016
