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
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