Property Description

First time to be sold in over 26 years! 5.86% Cap Rate and 11.08 GRM in Prime West Hollywood. AAA+ location just steps away from the world renowned Sunset Blvd! This building has an excellent unit mix offering studio, one-bedroom, and two-bedroom layouts. Recent capital expenditures include a brand new electrical panel, all copper plumbing, all subpanels have been replaced, and seismic gas shut off valves have been installed. On site amenities feature 10 gated parking spots, common laundry, and pool. Select units offer private balcony/patio space and sky lights. There is also a camera system throughout the property. Approximately over 20% in rental upside!