Property Detail

Description

Incredible opportunity to own this over 19300 sq. ft. 21 unit building on large lot in a desirable east Hollywood location. The courtyard style building features a well-balanced unit mix of 17 spacious units. Rents are low which enable the buyer to capture significant upside. Pro-forma rents represent approximately 36 upside over current rents. Many amenities including a swimming pool and ample on-site parking and laundry room. Required seismic retrofit completed by the seller as well as AB 721 Balcony inspection completed. Some plumbing and electrical upgrades as well as several units renovated.