Prime Hollywood
5-Unit
FULLY RENTED ultra-high end fourplex + ADU in outstanding Hollywood location. This property offers a REAL 5.05% cap rate. Sit back, relax, and enjoy cash flow and minimal maintenance! These units define Hollywood luxury, boasting rooftop decks and 2-car garages!
List Price:
Cap Rate:
GRM:
Bldg. Size:
Unit Mix:
Highlights:
$3,995,000
5.05% (actual)
15.70 (actual)
7,264 sqft
4x 3b/3b + roof deck
1x 2b/1b ADU
Delivered fully leased
No rent control
Massive roof decks
Expansive balconies
2-car garages
Short walk to studios
Ultra-high end finishes
8 parking spaces
Separately metered utilities
5 minutes from Larchmont
Click to View Photos
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Submit your offers now!
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DELIVERED FULLY LEASED AT A REAL 5.27% CAP RATE! UNHEARD OF PERK!
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MASSIVE units (7,264 livable square feet).
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All units have two car side-by-side garage with entry into units! Rare feature!
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All units boast rooftop decks, a rare feature that draws a major rental premium.
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Outstanding Hollywood location minutes from the heart of Hollywood, Larchmont Village, Los Feliz, Koreatown and trendy Silver Lake!
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The nicest property in Hollywood for only $509.22 per SF!
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All units separately metered for gas, electric AND water!
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Dream 1031 exchange opportunity. Ready to close ASAP!
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Ideal parking set up! All units have a two car side by side attached garage!
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With SB-8 in effect, we expect less new constructions will be built, making properties like these an even more rare and hot commodity.
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All units separately metered for gas, electric AND water! Very low expenses.
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Highly livable floorplans with massive living rooms, decks, balconies and roof top decks!
The Neighborhood
<15-Minute Walk
Osteria La Buca, Maison Matho, Ggiata Delicatessen, Prael, Dave's Hot Chicken, Hollywood Forever, ORGANICO Café, La Fonda Antioquena, Shyo Original Ramen, The Picky Vegan, La Descarga
5-Minute Drive
Larchmont Village, Hollywood Walk of Fame, Paramount Pictures Studios, Netflix Corporate Office, Sunset Gower Studios, Osteria La Buca, The Edmon Bar, Sqirl Café, Virgil Village
$5 Uber Ride
Griffith Park Observatory, The Dome Entertainment Centre, Osteria Mozza, Bricks and Scones, Hollywood Farmers' Market, Le Pain Quotidien, Café Gratitude, The LA Film School