1817 Garfield Pl - Apartments FOR SALE


Los Angeles, CA 90028- Hollywood
$4,800,000 USD
310-941-5899
1817 Garfield Pl, Los Angeles, CA for Sale
$4,800,000 USD
Apartments - FOR SALE
1/10
null | 5.37% Cap Rate

1817 Garfield Pl
Los Angeles, CA 90028
Hollywood


HIGHLIGHTS

  • Prime Hollywood Location
  • Built in 2002. Not subject to LA City Rent Control
  • Desirable Unit Mix- all 2-Bedroom, 2.5 Bathroom Townhouse-Style Units with Spacious Floorpans
  • Subterranean Parking & In-Unit Laundry
  • Central A/C and Heat

OVERVIEW

Located in the heart of Hollywood, this property on Garfield Avenue offers exceptional access to one of Los Angeles's most vibrant and dynamic neighborhoods. Residents benefit from proximity to major employment hubs including Netflix, Paramount Pictures, and the Hollywood Media District, home to a growing number of entertainment and digital media companies. The property is well-served by public transportation, with nearby access to the Metro Red Line (Hollywood/Western and Vermont/Sunset stations) and the 101 Freeway, providing seamless connectivity across the city. Surrounded by iconic landmarks such as Griffith Park & Runyon Canyon, the location offers a unique blend of nature and culture. A wife array of restaurants, nightlife, and retail are just moments away. Including popular destinations like Musso & Frank Grill, Jones Hollywood, the Hollywood Farmers Market, and the Hollywood & Highland Center. The area continues to experience significant investment and redevelopment, with numerous new mixed-use and multifamily projects in the pipeline. Zoned for growth and positioned near several opportunity zones, this location is ideal for investors seeking long-term upside in a high-demand rental market.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$429 USD /SF

# OF UNITS

10

PRICE/UNIT

$480,000

CAP RATE

5.37%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2002

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,498 SF

ZONING

LAR3

APN/PARCEL ID

5544-003-014

ASK ABOUT THIS PROPERTY

Jeff LouksMarcus & MillichapMore Info
310-941-5899

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Jeff LouksMarcus & MillichapMore Info
310-941-5899

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.