4515 Willowbrook Ave - Apartments FOR SALE


Los Angeles, CA 90029- East Hollywood
$2,850,000 USD
310-621-8221
4515 Willowbrook Ave, Los Angeles, CA for Sale
$2,850,000 USD
Apartments - FOR SALE
1/10
null | 6.28% Cap Rate

4515 Willowbrook Ave
Los Angeles, CA 90029
East Hollywood


HIGHLIGHTS

  • 12 Units
  • 6.28% Cap Rate
  • Silverlake Bungalows with Parking

OVERVIEW

The La Trio Portfolio consists of 3 apartment buildings located in the East Hollywood, Hollywood, and Koreatown neighborhoods of Los Angeles. Curson and Willowbrook are of 1920’s vintage, with Manhattan constructed in the 1930’s. They have all been dramatically upgraded, both cosmetically and mechanically, with numerous upgrades including heavy renovations to the common areas and units upon vacancy. Willowbrook has 6 surface parking spaces in the rear and the other two properties have no on site parking. All three properties are subject to Los Angeles rent stabilization (rent control) and therefore have significant rental upside. Properties can be individually purchased or purchased in any combination.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$214 USD /SF

# OF UNITS

12

PRICE/UNIT

$237,500

CAP RATE

6.28%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

12 Units-Silverlake Area-6.3% Cap Rate!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

LAR3

APN/PARCEL ID

5539-003-008

ASK ABOUT THIS PROPERTY

Brent SprenkleNorthmarqMore Info
310-621-8221

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Brent SprenkleNorthmarqMore Info
310-621-8221

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