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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 |
|---|---|---|---|
| 14 min | - | 5.9 mi | |
| Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 14 min | - | 6.0 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 19 min | - | 9.8 mi |
| Los Angeles International | 28 min | - | 12.9 mi |
| Long Beach (Daugherty Field) | 41 min | - | 28.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 6 |
| Type: | Surface |
| Included in Rent: | Yes |
Will James
Lyon Stahl Investment Real Estate
Will James
Lyon Stahl Investment Real Estate
