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Apartments For Sale • 41,509 SF
| Rare Opportunity to Acquire a Prominent Multi-Tenant Retail Condo Investment in Downtown West Hollywood |
| Stabilized Investment with Strong Tenancy: The Shops at Hancock Lofts is currently fully occupied and leased to three (3) established businesses |
| Multi-Level Parking Lot & Additional Income Included |
| Improving Returns: The existing leases contain strong upcoming scheduled rent increases and the parking income has shown strong year-over-year growth |
| Dense Southern California Demographics: West Hollywood boasts a vibrant and affluent population with a high concentration of young professionals |
| High Barriers to Entry: Supply constrained, densely populated, infill trade area with limited sites available for future development or redevelopment |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 18 min | - | 9.5 mi |
| Downtown Burbank (Antelope Valley Line - Amtrak, Pacific Surfliner - Amtrak, Ventura County Line - Amtrak) | 20 min | - | 9.8 mi |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 23 min | - | 11.9 mi |
| Bob Hope | 23 min | - | 11.9 mi |
| Long Beach (Daugherty Field) | 41 min | - | 28.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |
