Property Description

INVESTMENT HIGHLIGHTS

• 1st Time on the Market in 41 Years!
• Delivered 100% Vacant!
• Excellent Unit Mix Offering (10) Studio Apartments
• Spacious Studio Apartments Averaging Approx. 482 SF Each
• Offers Gated Parking for 10 Spaces
• Each Unit Offers Large Kitchens and Generously Sized Closet Spaces
• Potential to Convert Units to Junior 1 Bedrooms! (Buyer to Verify)
• Copper Plumbing Throughout Building!
• New Roof Installed 2003
• Separately Metered for Gas and Electric
• Individual Water Heaters for Each Unit
• Potential to Add ADU’s!
• Potential to implement RUBS program on all units
• Large 7,500 SF Lot Zoned LAR3
• Close Proximity to Shopping, Dining & Entertainment on Hollywood Boulevard!
• Located in the City of LA just outside of the City of West Hollywood. Benefitting from West Hollywood Rents However Subject to Less Stringent City of Los Angeles Rent Control Laws!
• Desirable West Hollywood Adjacent Location Near Hollywood, Beverly Hills, Century City and Downtown LA