PRICE IMPROVEMENT!!! Price Reduced to $2,300,000, this 10-unit property offers strong upside potential for investors. Don’t miss your chance to acquire a multi-unit asset at an improved price—ideal for income growth and long-term appreciation.
This Exceptional 10-unit apartment building in East Hollywood, just two blocks from Sunset Blvd. With a proforma… Read More CAP rate of 8.5%+, this value-add opportunity features 7,864 SF of living space on a 7,815 SF corner lot. The unit mix includes (8) 1B+1B, (1) 2B+1B, and (1) 2B+2B, with one vacancy and nine parking spaces.
Centrally located near Larchmont Village, Koreatown, and Downtown LA, this property benefits from its proximity to top employers (Netflix, Kaiser, Paramount) and major retailers (Ralphs, Starbucks). Easy freeway access and strong rental demand make it a standout investment in a highly desirable area. SELLER WILL LISTEN TO ALL REASONABLE OFFERS! Read Less
Property listed by Premier Properties Realty Prof, May Arroyo 626-688-6888
Listing Snapshot
Days Online
475
Last Updated
Property Type
MixedUse
Lot Size
0.18 Acres
Year Built
1958
MLS Number
AR24248488
Additional Details
Building
Built in 1958, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: Berendo/1
Community
Sidewalks
Laundry
None
Lot
0.1794 acres, ZeroToOneUnitAcre
Parking
8 carport spaces, 1 open parking spaces, 9 total parking spaces
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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