Hollywood Portfolio Multi-Family FOR SALE


Los Angeles, CA - Hollywood
$9,425,000 USD
310-993-7600
, Los Angeles, CA for Sale
$9,425,000 USD
Multi-Family - FOR SALE
1/21
null | 6.15% Cap Rate

Hollywood Portfolio
Los Angeles, CA
Hollywood


HIGHLIGHTS

  • Prime Hollywood Locations!
  • Well-Maintained! | Major Systems Updated
  • Going-In Cap Over 6%
  • Sold Individually or As a Portfolio
  • First Time On Market in 20+ Years

OVERVIEW

The Mogharebi Group is proud to present for sale, a premier three-property portfolio located in some of Hollywood’s most desirable neighborhoods. The properties are available as either a portfolio or individually. The Alamar is a 13-unit apartment building located at 7261 Franklin Avenue - Listed at $3,625,000. The Wilton is a 10-unit apartment building situated at 1852 N. Wilton Avenue - Listed at $2,050,000. The DeLongpre consists of two side-by-side eight-unit buildings (16 units total) located at 6858–6860 DeLongpre Avenue - Listed at $3,750,000. All three properties have been exceptionally well maintained and have benefited from significant capital improvements. The Alamar and The DeLongpre feature upgraded major building systems, including plumbing, electrical, and roofs. The Wilton has also undergone substantial improvements, including a newer roof and upgraded plumbing. These recent capital improvements allow a new owner to focus on maximizing the income potential of the properties rather than addressing deferred maintenance.

ASK ABOUT THIS PROPERTY

Peter StraussThe Mogharebi GroupMore Info
310-993-7600

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Peter StraussThe Mogharebi GroupMore Info
310-993-7600

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