Dover Management Corporation and Traweek Investments CRE are proud to present Claire Manor Apartments, a value-add, 34-unit multi-family 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. The property is in close proximity 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 to be an excellent addition to their portfolio.
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