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1918 Grace Ave
Los Angeles, CA 90068 Hollywood Hills

$4,095,000 USD

Apartments For Sale • 10,588 SF

Property Details

Property Type Apartments
Total Building Size 10,588 SF
Lot Size 0.24 AC
Building Class C
Year Built 1910
Cap Rate 5.60 %
Zoning LAR4-1

60 Transit Score

70 Walk Score

                
                    Highlights
                
                                Rare Value-Add Opportunity in A+ Hollywood Location!!!
                            
                                96 Walk Score | Possible for ADU Expansion!!!
                            
                                5.6% Existing Cap Rate at $227k/unit with Upside Potential to 10.5% Cap Rate!!!

Property Flyers

1918 Grace OM Rev - 7-24-2026

Financial Summary (Proforma)

Net Operating Income: $229,257 USD (2026)

Cap Rate:	5.60 %
Total Expenses:	$124,638 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Glendale Amtrak (Pacific Surfliner - Amtrak)	10 min	-	5.4 mi
Glendale Metrolink Station (Metrolink Antelope Valley Line - Metrolink Trains, Metrolink Ventura County Line - Metrolink Trains)	10 min	-	5.4 mi
Transit/Subway	Drive	Walk	Distance
Hollywood/Vine Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	11 min	0.6 mi
Hollywood/Highland Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	12 min	0.6 mi
Airport	Drive	Walk	Distance
Bob Hope	15 min	-	8.4 mi
Los Angeles International	28 min	-	14.0 mi
Long Beach (Daugherty Field)	40 min	-	29.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes

Mark Konopaske 213-220-9800 Lee & Associates - ISG

1918 Grace Ave Los Angeles, CA 90068 Hollywood Hills