Property Details

Year Built: 1964
Units: 23
Price / Unit: $147,826
Price / SqFt: $253.54
CAP: 4.49%
GRM: 12.56

Executive Summary

  • Located Between Two of Los Angeles’s Most Desirable Rental Neighborhoods, East Hollywood and Silver Lake
  • Ample Parking – 23 Spaces – One Per Unit with Additional Street Parking
  • Attractive Unit Mix of 26 Percent Singles, 48 Percent 1+1’s, and 26 Percent 2+1’s with Large Bedrooms and Functional Layouts
  • Rare Opportunity to Acquire a True Value-Add Opportunity of an Attractive Mid-Sized Asset in a Low Velocity Area
  • Quiet Location and Building Surrounded by Mainly Single-Family Homes

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