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Value-add opportunity with a 5.77% going-in cap rate and rental upside in Los Feliz-adjacent East Hollywood. This 10-unit apartment building features all one-bedroom, one-bath units across approximately 6,766 SF. Recent capital improvements include fully replaced plumbing and an electrical panel upgrade in 2024. Amenities include secured access, on-site laundry and approximately six carport spaces.
Just south of Hollywood Boulevard, the property offers a Walk Score of 92 and convenient access to the Hollywood/Western Metro B Line station, shopping, dining and entertainment. An attractive opportunity to acquire current income with room for rental growth.







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Loan amount $1,840,000. Tax rates vary by district — adjust the figure above to match this address.
An estimate for illustration only, not a loan offer, quote or approval. The interest rate above is a starting figure we picked, not a current market rate and not one you have been offered — change it to a rate you have actually been quoted. Tax and insurance are estimates too. Actual payments depend on your lender, your credit and the final assessments. Speak to a lender for figures you can rely on.
1646 North Harvard Boulevard, Los Angeles, CA 90027