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Apartments For Sale • 6,038 SF
| Value-add 8-unit multifamily investment opportunity w/ over 20% rental upside - 7 (1+1) & 1 (2+1) |
| Prime Los Feliz location with an 88-walk score; close proximity to the area’s most popular dining, shopping, and entertainment |
| Units separately metered for gas & electric, on site covered parking and community laundry facilities |
| Affluent and densely populated area with over 1,060,000 people within a 5-mile radius and median home value of $1,046,000 within 2 miles |
| Easy access to public transportation; walking distance to the Vermont/Sunset and Hollywood/Western stations |
| Ongoing development and convenient access to major employers/studios (CHLA, Hollywood Presbyterian, Netflix, Sunset Gower Studios, LA City College) |
| Cap Rate: | 4.47 % |
| Total Expenses: | $61,892 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 7 min | - | 3.7 mi |
| Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) | 10 min | - | 5.4 mi |
| Transit/Subway | Drive | Walk | Distance |
| Vermont/Sunset Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 1 min | 14 min | 0.7 mi |
| Hollywood/Western Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 1 min | 14 min | 0.8 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 18 min | - | 10.2 mi |
| Los Angeles International | 29 min | - | 15.4 mi |
| Long Beach (Daugherty Field) | 38 min | - | 27.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 2 |
| Type: | Surface |
| Included in Rent: | Yes |
Andrew Leff
The CREM Group
Andrew Leff
The CREM Group
