Rare opportunity to acquire an 8-unit asset (all 1 bedroom + 1bath) in PRIME Hollywood-Los Feliz location. The subject property practically sits in the shadow of the Griffith Observatory. Acknowledged as one of the most walkable neighborhoods in Los Angeles (Walker s Paradise score of 88), there s no shortage of options with immediate proximity to well-known retail destinations, eateries, and entertainment. Additionally, the subject property is within a 15-minute walk to the Hollywood / Western Metro Station. There is potential to add multiple ADU units per structure (3 total bungalows). The property is separately-metered for electric and gas, 100% occupied, and features 8 on-site parking spaces and no soft-story construction. The is a bread and butter, value-add investment with significant upside potential. Buyer to verify all info.
Listing Agent: Matthew Sillaman 01925847 Courtesy of: LB Property Management Inc "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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Updated: 15th August, 2022 8:38 PM (UTC)