8 unit apartment building consisting of (6) 2 bed + 1.25 bath and (2) 1 bed + 1 bath ADU's

New electric, fully upgraded kitchens and bathrooms with new sinks, appliances, counter tops, vanities, fixtures and more

Truly legendary property in an ideal location with incredible financing

Assumable loan is extremely valuable and offers an incredible opportunity to cash flow

±$400,000 spent on building renovations and capital improvements in 2022

Value add opportunity to immediately increase income by $38,520. Increasing the cap rate to 5.76% and cash on cash to 8.73%. Ask agent for details

Incredible 2.18% interest only $2,200,000 assumable loan with 9+ years left

±$300,000 for 2 brand new 2023 free standing ADU's delivered at closing

Premier West Hollywood location

No deferred maintenance

All units fully remodeled