Description
Classic 1930 Hollywood Spanish 8-unit apartment building beautifully maintained and upgraded. Enter into a lush courtyard to eight one-bedroom/one-bath units with loads of charm and character. Alluring archways at every turn, entirely gated and hedged for added privacy. On site parking with 9 uncovered spaces on the property, and laundry hookups for each unit. Located just south of Sunset Blvd with a Walk Score of 90, residents have great access to dining, shopping, galleries, theaters, and entertainment. Conveniently located between Los Feliz and Larchmont Village. A throwback to the Golden Age of Hollywood, this is the perfect investment opportunity in a prime location. The property generates approximately $145,000 of annual Net Income and has a cap rate of 4.
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School Ratings & Info
Description
Classic 1930 Hollywood Spanish 8-unit apartment building beautifully maintained and upgraded. Enter into a lush courtyard to eight one-bedroom/one-bath units with loads of charm and character. Alluring archways at every turn, entirely gated and hedged for added privacy. On site parking with 9 uncovered spaces on the property, and laundry hookups for each unit. Located just south of Sunset Blvd with a Walk Score of 90, residents have great access to dining, shopping, galleries, theaters, and entertainment. Conveniently located between Los Feliz and Larchmont Village. A throwback to the Golden Age of Hollywood, this is the perfect investment opportunity in a prime location. The property generates approximately $145,000 of annual Net Income and has a cap rate of 4.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T09:30:26.053. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.