Description

PRICE IMPROVEMENT!!! Price Reduced to $2, 300, 000, this 10-unit property offers strong upside potential for investors. Don’t miss your chance to acquire a multi-unit asset at an improved price—ideal for income growth and long-term appreciation. This Exceptional 10-unit apartment building in East Hollywood, just two blocks from Sunset Blvd. With a proforma CAP rate of 8.5%+, this value-add opportunity features 7, 864 SF of living space on a 7, 815 SF corner lot. The unit mix includes (8) 1B+1B, (1) 2B+1B, and (1) 2B+2B, with one vacancy and nine parking spaces. Centrally located near Larchmont Village, Koreatown, and Downtown LA, this property benefits from its proximity to top employers (Netflix, Kaiser, Paramount) and major retailers (Ralphs, Starbucks). Easy freeway access and strong rental demand make it a standout investment in a highly desirable area. SELLER WILL LISTEN TO ALL REASONABLE OFFERS!