Take advantage of the price and income improvement, great current cap rate, and a 5% rent increase coming in the next three months on several of the units. Horton Hall, located at 2041 N Vermont Avenue, is an exquisite 32-unit residential income property in Los Angeles, California. This offering stands out with gorgeous French Normandie design and ornate architectural details. Located along Vermont, just below the hills of Los Feliz, the Griffith Observatory, and just blocks from Los Feliz Village, this location couldn’t be better. The property features 32 units, consisting of six beautiful one-bedroom view units with French windows, a two-bedroom non-conforming "owner's" unit with a fireplace, and 24 charming singles, spaciously featuring separate kitchens, dining areas, and walk-in closets. Each unit has charming details, including arched doors and doorways, as well as beamed ceilings. The total building size is 22,582 square feet per assessor. Los Feliz is a vibrant and exciting place to live, offering amazing cafes, restaurants, nightlife, world-famous architecture, and lots of hiking for outdoor enthusiasts. This homey residence is centrally located close to Silver Lake, Hollywood, and Downtown Los Angeles (DTLA). Owning this incredible piece of history would be a once-in-a-lifetime opportunity. The seller will consider a partial trade. Almost always 100% occupied, the owner has indicated that there is consistently a waiting list to get into the building. Vacancies have historically been filled through word of mouth. The views, character, and charm of the units, elevator, large laundry room, and the current owner's maintenance record make this a most attractive building for tenants. Anticipated upside of the rents is approximately 35-40% of the current rents. Please see the attached offering memorandum for more details, and visit the website, linked below, for interior photos. Contact Lane Aronson of Berkshire Hathaway HomeServices CA Properties by phone at (323) 671-1233 for any questions.