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1813-1817 Grace Ave
Los Angeles, CA 90028 Hollywood

$5,500,000 USD

Apartments For Sale • 8,571 SF

Property Details

Property Type Apartments
Total Building Size 8,571 SF
Lot Size 0.3 AC
Building Class C
Year Built 1924
Cap Rate 3.59 %
Zoning R4, Los Angeles

69 Transit Score

97 Walk Score

                
                    Highlights
                
                                VALUE-ADD investment or redevelopment opportunity

Property Flyers

1813-1821-Grace-Avenue_OM

Financial Summary (Proforma)

Net Operating Income: $197,611 USD (2021)

Cap Rate:	3.59 %
Total Expenses:	$119,404 USD

Amenities

Air Conditioning
Balcony
Dishwasher
Fireplace
Laundry Facilities
Gated
Heating
Hardwood Floors
Refrigerator
Oven
Range
Tub/Shower
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	12 min	-	5.4 mi
Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	14 min	-	6.4 mi
Transit/Subway	Drive	Walk	Distance
Hollywood/Vine Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	10 min	0.5 mi
Hollywood/Highland Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	11 min	0.6 mi
Airport	Drive	Walk	Distance
Bob Hope	17 min	-	8.4 mi
Los Angeles International	31 min	-	14.3 mi
Long Beach (Daugherty Field)	41 min	-	29.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	SurfaceTandem
Included in Rent:	Yes

Marc Spellman 818-917-1750 Lee & Associates

1813-1817 Grace Ave Los Angeles, CA 90028 Hollywood