Cole Assemblage FOR SALE


Los Angeles, CA - Hollywood
$14,000,000 USD
310-351-0481
, Los Angeles, CA for Sale
$14,000,000 USD
FOR SALE
1/4
null | 4.96% Cap Rate

Cole Assemblage
Los Angeles, CA
Hollywood


HIGHLIGHTS

  • 2- Parcel Assemblage Located In An Opportunity Zone
  • Office Leased To A National Credit Tenant
  • 8 - Turnkey Apartments With In Unit Washer And Dryers

OVERVIEW

Maywood Property Group is pleased to present a rare offering situated directly across from the prestigious Wilshire Country Club, an exceptional opportunity for investors seeking a prime covered-land play with immediate income and long-term redevelopment potential. The offering comprises two contiguous parcels totaling approximately 18,742 square feet of land, improved with a thoughtfully renovated eight-unit apartment building and an adjacent 1980s-era office building. The apartments feature spacious one-bedroom, one-bathroom layouts and in unit washer and dryers, have been tastefully updated and will be delivered in turnkey condition, providing stable in-place income with minimal management burden. The adjoining office property encompasses over 8,900 square feet and is leased to a national high-credit tenant through May 31, 2028, offering predictable cash flow and security for investors. With irreplaceable positioning in one of Los Angeles’ most desirable submarkets, this asset presents multiple strategies—a long-term hold with steady income, a future redevelopment opportunity, or a strategic covered-land play anchored by strong tenancy and premier location fundamentals.

ASK ABOUT THIS PROPERTY

Marc BretterMaywood Property GroupMore Info
310-351-0481

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Marc BretterMaywood Property GroupMore Info
310-351-0481

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