Prime Hollywood
5-Unit
ALL UNITS RENTED at huge rents! Luxury new construction 5-unit (fourplex + large ADU) with rooftop decks on a corner lot in prime Hollywood! These units are elevated to small lot subdivision quality! With ultra high-end finishes, top-notch construction, and an unheard of REAL 5.48% cap rate, this is a deal you don’t want to miss.
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GRM:
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Highlights:
$3,895,000
5.48% (100% leased)
14.11 (100% leased)
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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FULLY STABILIZED AT A REAL 5.48% CAP RATE!
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All units boast rooftop decks, a rare feature that draws a major rental premium
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These units are built on par with small lot subdivisions: ultra-high-end
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No rent control
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All units have two car side-by-side garage with entry into units! Rare feature!
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MASSIVE units (7,264 livable square feet).
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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 $536.21 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, less new constructions are being 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