Prime Hollywood investment opportunity featuring 16 one-bedroom, one-bathroom units, each with its own assigned parking space. Offered at $3,050,000 (approximately $190,625 per unit), this well-maintained asset delivers strong in-place income with a cap rate of approximately 6.1% and immediate upside. One vacant unit allows a new owner to lease at market and increase cash flow from day one, with additional upside through rent growth and operational improvements. The excellent unit mix, favorable parking ratio, and sought-after Hollywood location make this a compelling opportunity for both value-add and long-term investors.
Additional Features
- Two
- Parking spaces: 16.00
- Listing Status: Active Under Contract
- Listing Agent: George Morales
(lic# 01984555)
of Beverly Hills/Greater LA
- Listing Office: Compass
(lic# 01991628)
- CO-Listing Agent: Sam Shakerchi
(lic# 01868195)
of Beverly Hills/Greater LA
- CO-Listing Office: Compass
(lic# 01991628)
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Based on information from CRISNet MLS as of 3rd August 2026 at 11:07pm. 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.
