Apartments For Sale • 12,801 SF
| Offered for sale for the first time in nearly 30 years |
| Strong in-place cash flow with a 7.34% going-in cap rate, 7.51 current GRM, and appox. 21% upside in rental income |
| Prominent corner-lot location in the desirable East Hollywood neighborhood | Comprised primarily of one-bedroom units |
| Separately metered for gas and electricity |
| Steps from Los Angeles City College, Braille Institute, and Trendy Virgil Village |
| This Property is being offered concurrently with 4160 Rosewood Ave, 815 Green Ave, and 1408 S Wilton Pl (99 units in total) |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 8 min | - | 4.4 mi | |
| Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 11 min | - | 4.6 mi |
| Transit/Subway | Drive | Walk | Distance |
| Vermont/Santa Monica Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 14 min | 0.7 mi |
| Vermont/Beverly Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 14 min | 0.7 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 19 min | - | 10.9 mi |
| Los Angeles International | 27 min | - | 14.1 mi |
| Long Beach (Daugherty Field) | 36 min | - | 25.5 mi |