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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

Financial Summary (Proforma)

Net Operating Income: $229,257 USD (2026)
Cap Rate: 5.60 %
Total Expenses: $124,638 USD

Public Transportation

Commuter RailDriveWalkDistance
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 - 6.3 mi
Transit/SubwayDriveWalkDistance
Hollywood/Vine Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 12 min 0.6 mi
Hollywood/Highland Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 12 min 0.6 mi
AirportDriveWalkDistance
Bob Hope 17 min - 8.4 mi
Los Angeles International 31 min - 14.0 mi
Long Beach (Daugherty Field) 41 min - 29.6 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
Mark Konopaske 213-220-9800 Lee & Associates - ISG