710-714 N Van Ness Ave - Apartments FOR SALE


Los Angeles, CA 90038- Hollywood
$3,400,000 USD
707-332-5204
710-714 N Van Ness Ave, Los Angeles, CA for Sale
$3,400,000 USD
Apartments - FOR SALE
1/12
null | 5.37% Cap Rate

710-714 N Van Ness Ave
Los Angeles, CA 90038
Hollywood


HIGHLIGHTS

  • Charming mixed-use asset featuring 4 studio (0+1) units, 4 onebedroom (1+1) units, and 4 commercial spaces
  • Prime Hollywood location directly across from Paramount Studios
  • Two separate buildings offering flexible layout and operational efficiency
  • On-site laundry
  • Dedicated Parking for retail spaces
  • Excellent walkability and visibility in a high-traffic, supply-constrained submarket

OVERVIEW

This charming mixed-use asset in a prime Hollywood location directly across from Paramount Studios features a desirable unit mix of four studio (0+1) units, four one-bedroom (1+1) units, and four ground-floor commercial spaces. The property consists of two separate buildings, offering a flexible layout and operational efficiency, and includes on-site laundry along with dedicated parking for the retail spaces. Ideally positioned in the heart of the Hollywood media and entertainment corridor, the property is just minutes from major employers such as Netflix Hollywood and Sunset Gower Studios. With excellent walkability, strong visibility along a high-traffic corridor, and a supply-constrained submarket, the asset benefits from consistent demand and features a well-balanced unit mix that is highly attractive for long-term renters seeking an urban infill location.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$475 USD /SF

# OF UNITS

8

PRICE/UNIT

$425,000

CAP RATE

5.37%

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,193 SF

ZONING

LAC4

APN/PARCEL ID

5535-002-002

ASK ABOUT THIS PROPERTY

Tyler FarrarKW Commercial Beverly HillsMore Info
707-332-5204

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Tyler FarrarKW Commercial Beverly HillsMore Info
707-332-5204

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