6136 Eleanor Ave - Apartments FOR SALE


Los Angeles, CA 90038- Hollywood
$2,650,000 USD
818-448-4415
6136 Eleanor Ave, Los Angeles, CA for Sale
$2,650,000 USD
Apartments - FOR SALE
1/11
null | 5.85% Cap Rate

6136 Eleanor Ave
Los Angeles, CA 90038
Hollywood


HIGHLIGHTS

  • Prime Hollywood Location
  • Streamlined Unit Mix - All Two-Bedroom Townhouse Style Units
  • Not Subject to LA Rent Control - Subject to AB1482
  • Built in 2005 (CofO shows 2009)
  • Currently Allows for 8% Annual Increases
  • First Time on the Market - Offered by the Original Developer

OVERVIEW

This rare, non-RSO Hollywood property—on the market for the first time from the original developer—features all two-bedroom, townhouse style units built in 2005 (with a CofO issued in 2009). The building includes 14 parking spaces, a newer roof (2021), and an on-site laundry facility, with two units delivered vacant. Two units are designated as low-income until 2035. Not subject to LA rent control but under AB1482, it currently allows for 8% annual rent increases, offering a strong value-add opportunity through adding HVAC and in-unit laundry upgrades. Ideally located near the Metro B Line (Hollywood/Vine) and major corridors like Vine, Santa Monica, Sunset, and Hollywood Blvd, this asset provides easy access to the 101 freeway and the vibrant Hollywood commercial district. Situated in a prime Hollywood location, this 2005-built asset is not subject to LA rent control (subject to AB1482) and has strong rental upside by upgrading the units with modernized amenities.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$283 USD /SF

# OF UNITS

8

PRICE/UNIT

$331,250

CAP RATE

5.85%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2005

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,485 SF

ZONING

LAR3

APN/PARCEL ID

5534-024-009

ASK ABOUT THIS PROPERTY

Jason TuviaMarcus & MillichapMore Info
818-448-4415

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

Jason TuviaMarcus & MillichapMore Info
818-448-4415

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