Prime Hollywood
Fourplex
Our favorite type of new construction building: a mix of two 4 bed units and two 3 bed units... all with private 2-car garages!!! Tenants LOVE these classic floorplans. Not to mention, this is an amazing price for Hollywood! NO RENT CONTROL + OPPORTUNITY ZONE!!!
List Price:
Cap Rate:
GRM:
Bldg. Size:
Unit Mix:
Highlights:
$3,100,000
5.06% (pro forma)
15.02 (pro forma)
5,791 sqft
2x 4b/4b
2x 3b/3b
No rent control
Opportunity zone
All units have 2-car garages
Short walk to studios
Ample balconies
Will feature upscale 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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No rent control!
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Opportunity zone!!! Major tax benefits (consult a CPA)!
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UNHEARD OF price of $3,100,000! This is a price per door you won’t find elsewhere!
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Projected cap rate of 5.06%!
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All units boast a two-car garage with entry into unit, a rare feature that draws a major rental premium.
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Massive quantity of enormous balconies off both living room/kitchens and bedrooms!
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All units separately metered for gas, electric AND water! Very low expenses!
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Ready to close in Spring 2023!
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With SB-8 in effect, less new constructions are being built, making properties like these an even more rare and hot commodity.
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The most livable floorplans you’ll find!
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Outstanding Hollywood location minutes from the heart of Hollywood, Larchmont Village and Koreatown.
The Neighborhood
<10-Minute Walk
Chick-fil-A, Dave's Hot Chicken, Hollywood Forever, ORGANICO Café, Gold Diggers Bar, Shyo Original Ramen, The Picky Vegan, La Descarga, Quest Room, The Peace Center Gym
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