$1,700,000 USD
310-365-5054
HIGHLIGHTS
- Value-add opportunity with approximately 57% rental upside to market levels.
- 10-unit mix of studios, one-bedroom, and two-bedroom units for broad appeal.
- Prime Hollywood location near major employers, entertainment, and retail.
- Projected NOI growth from ±$75K to ±$156K at stabilization for strong returns.
- Offered at $150K–$170K per unit, below replacement cost in a high-demand market.
- 100% occupied, providing immediate cash flow and gradual rent increase potential.
FOR SALE DETAILS
PRICE
$1,700,000 USD
PRICE/SF
$277 USD /SF
# OF UNITS
10
PRICE/UNIT
$170,000
CAP RATE
4.42%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1962
PARKING SPACES
10
LAND DETAILS
LAND ACRES
0.17 AC
LAND SF
7,405 SF
ZONING
R4-1VL
APN/PARCEL ID
5536-008-007
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310-365-5054
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310-365-5054
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