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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