Dover Management Corp. and Traweek Investments CRE are proud to present Claire Manor Apartments, a value-add, 34-unit multifamily property located at 2131 North Cahuenga Boulevard in the Hollywood Hills submarket of Los Angeles. Claire Manor Apartments offers potential investors the opportunity to acquire an asset with a strong current cap rate of 5.94%, and to upgrade the existing units to capture approximately 32% rental upside through continued rent growth and streamlined operational efficiencies. This multifamily complex offers a desirable unit mix of nine studios, 20 one-bedroom, and five two-bedroom apartments. Tenant amenities include secure building access, on-site laundry facilities, and 24 parking spaces. Representing a commitment to long-term durability and tenant safety, this site underwent a B721 compliance report in December 2024, and a retrofit was completed in 2018. The property is close to notable attractions such as the Hollywood Bowl, Pantages Theatre, and TCL Chinese Theatre, as well as nearby nightlife, dining, and other cultural landmarks. Investors seeking a value-add opportunity with significant upside in a premier location with convenient freeway access will find Claire Manor Apartments to be an excellent addition to their portfolio. Reach out to John Alden at Dover Management Corp. for a copy of the Offering Memorandum.