Property Details
Year Built: 1953
Units: 8
Price / Unit: $226,250
Price / SqFt: $297.70
CAP: 4.20%
GRM: 14.54
Executive Summary
- Prime Hollywood Location in a Densely Populated, In Demand Rental Market
- Potential Rental Upside of Nearly Twenty-Five Percent With Continued Upgrades and Unit Turnover to Meet High Market Rents in the Immediate Area
- All Units Feature Original Hardwood Floors, Spacious Layouts and Granite Counters
- Mostly Copper Plumbing – Separately Metered Gas and Electric
- Walking Distance to The Sunset Strip and Hollywood Attractions – Retail, Dining and Entertainment
- Six Gated On-Site Parking Spaces
- On-Site Laundry Facilities Provide Extra Monthly Income
