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Apartments For Sale • 21,080 SF
| Opportunity to invest in a 34-unit multifamily complex with current stable income, with a 32% rental upside at an 8.87% market cap rate. |
| Well-maintained, an SB721 compliance report was completed in December 2024, and a retrofit was done in 2018. |
| Secured access building with a diverse unit mix of studios, one-bedroom, and two-bedroom floor plans, as well as on-site laundry and parking. |
| Benefitting from a sought-after Hollywood location with easy access to nightlife, dining, and cultural landmarks. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 10 min | - | 5.5 mi |
| Downtown Burbank (Antelope Valley Line - Amtrak, Pacific Surfliner - Amtrak, Ventura County Line - Amtrak) | 11 min | - | 5.9 mi |
| Transit/Subway | Drive | Walk | Distance |
| Hollywood/Vine Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 1 min | 14 min | 0.8 mi |
| Hollywood/Highland Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 18 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 14 min | - | 8.0 mi |
| Los Angeles International | 29 min | - | 15.2 mi |
| Long Beach (Daugherty Field) | 39 min | - | 29.5 mi |
John Alden
Dover Management Corporation
John Alden
Dover Management Corporation