Property Details
Year Built: 1959
Units: 21
Price / Unit: $202,381
CAP: 4.51%
GRM: 13.51
Executive Summary
- 21-unit investment opportunity located in Los Angeles Central Hollywood neighborhood
- Two single units, a bachelor/light housekeeping unit, and 18 one-bedrooms
- Located on a 12,977 square foot lot, current zoning is R3-1XL
- 26 total parking spaces, eight tandem and 10 single spaces
- Significant rental upside when the units turn; the loss to lease of 24%
