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803 N Detroit St
Los Angeles, CA 90046 Melrose

$2,200,000 USD

Apartments For Sale  •  7,583 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,583 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1929
  • Zoning LAR3
60 Transit Score
80 Walk Score

Highlights

Beautiful 10-unit character property in West Hollywood neighborhood, within the City of Los Angeles, built in 1929
Unit mix consists of (8) 1BR/1BA & (2) Studio Units ; Property is currently at 100% occupancy
Investment presents a 42% upside in rents to market rate ; Two single car garages for parking / storage
Rear stairs fully replaced on exterior of building (2024 per LADBS records)
Electrical main panel, breakers and subpanels updated to 400 Amp Siemens (2021 per LADBS records)
Minutes from Sunset Strip and Melrose, giving tenants unmatched access to LA's best nightlife and restaurants

Public Transportation

Commuter RailDriveWalkDistance
Glendale Amtrak (Pacific Surfliner - Amtrak) 14 min - 7.5 mi
Glendale Metrolink Station (Metrolink Antelope Valley Line - Metrolink Trains, Metrolink Ventura County Line - Metrolink Trains) 14 min - 7.6 mi
AirportDriveWalkDistance
Bob Hope 19 min - 9.9 mi
Los Angeles International 25 min - 12.3 mi
Long Beach (Daugherty Field) 41 min - 28.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: OneCarGarage
Included in Rent: Yes
Jake Glaser 310-494-6368 Lyon Stahl Investment Real Estate
Jake Glaser 310-494-6368 Lyon Stahl Investment Real Estate