Apartments For Sale • 6,124 SF
| Turnkey 12-Unit Apartment Community: Rare opportunity to acquire a fully renovated residential asset in a sought-after Hollywood rental neighborhood. |
| Excellent Cash Flow Opportunity: Strong in-place income combined with the lease-up of the newly constructed ADUs provides stable cash flow on day 1. |
| Two Newly Constructed ADUs: Two newly constructed accessory dwelling units (ADUs) located on the ground level are nearly completed. |
| Not Subject to LA City RSO: Governed by CA’s Tenant Protection Act (AB 1482), for annual rent increases up to 8.7% for the 2026 adjustment period. |
| Fully Renovated Units: With updated kitchens, modern bathrooms, wood-like flooring, stainless steel appliances, in-unit laundry, & individual HVAC. |
| Ideal Hollywood Location: Between Larchmont Village and Melrose Ave, where nearby amenities, employers, and education support long-term rental demand. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Glendale Amtrak (Pacific Surfliner - Amtrak) | 12 min | - | 6.2 mi |
| Glendale Metrolink Station (Metrolink Antelope Valley Line - Metrolink Trains, Metrolink Ventura County Line - Metrolink Trains) | 12 min | - | 6.2 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 18 min | - | 9.9 mi |
| Los Angeles International | 26 min | - | 13.7 mi |
| Long Beach (Daugherty Field) | 40 min | - | 28.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 6 |
| Type: | Surface |
| Included in Rent: | Yes |