Apex Capital Realty is proud to present the opportunity to acquire 601 S 21st Ave, a 12,150 SF multi-tenant office/flex building located just moments from Hollywood’s vibrant Young Circle. Positioned directly on Dixie Highway in one of the city’s fastest growing neighborhoods, the property offers an excellent opportunity for an owner-user to establish their business in a rapidly evolving location while offsetting occupancy costs with in-place rental income.
The property features approximately 5,000 SF available for immediate occupancy, with the remaining space leased to five tenants, generating approximately $15,000 per month
in rental income. This allows an owner-user to occupy a substantial portion of the building while benefiting from stable cash flow from the existing tenancy.
Beyond its current income, the property offers significant long-term upside. The DH-3 zoning allows for development of up to 10 stories with no maximum residential density,
creating an attractive redevelopment opportunity as the surrounding neighborhood continues to transform into one of Hollywood’s premier mixed-use districts.