Los Angeles, CA 90028
RARE MULTIFAMILY OPPORTUNITY LOCATED ON HOLLYWOOD BLVD
Some of the best nightclubs in Hollywood located downstairs!
Premises: ±63,374 SF Building including ±8,560 SF of Retail Space on the Ground Floor and on the Basement level.
APN #: 5547-008-001
Parking: 45 Spaces Leased on Nearby Schrader-Lot
Desirable Unit Mix: 26 Studios (375 – 587 SF)
13 One Bed / One Bath (600-720 SF)
14 Two Bed / One Bath (985-1136 SF)
- Located in an Opportunity Zone which allows investors certain beneficial tax breaks on their capital gains.
- Property underwent $10.7 million dollar renovation back in 2006
- Unit Amenities include Hardwood Floors, Air Conditioning, Washer & Dryer, Crown Molding, Walk-in closets, and balcony’s, to name a few
- Located in the middle of it all, right in the heart of Hollywood
- Potential Boutique Hotel Conversion
- 53 Units consisting of 26 Studios, 13 1bd/1ba, and 14 2bd/1ba