$ 3,050,000
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$3,050,000
Price -
0
Bed -
0
Bath -
11,326
SqFt
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About the Listing CLW-X81461 - CLW-C125491,CLW-X94991
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.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
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- Below Ground Sq Ft: n/a
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Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 16
- Zoning: LARD1.5
- Roof:
- Others:
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Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5538004001
- Tax Year: N/A
Payment Calculator
Monthly Payment
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4956 Romaine St Los Angeles, CA 90029
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