Property Details

Year Built: 1963
Units: 9
Price / Unit: $243,889
Price / SqFt: $306.56
CAP: 2.86%
GRM: 17.23

Executive Summary

  • True Value-Add Opportunity With Significant Rental Upside; 50% Loss to Lease
  • Strong Unit Mix of Mostly Two-Bedrooms With a Large Layout
  • Low Price per Square Foot at $254/SF: Currently Second Lowest on Market
  • Centrally Located in Los Angeles East Hollywood
  • Nine On-Site Parking Spaces Including Five Garages and Four Tuck Under Spaces
  • Neighborhood is an Emerging Market Experiencing Rapid Gentrification

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