1331 N Alta Vista Blvd 16 Unit Apartment Building $3,200,000 ($200,000/Unit) 5.02% Cap Rate Los Angeles, CA 90046

Kidder Mathews is proud to present 1331 N. Alta Vista Boulevard, an exceptional value-add multifamily asset comprising 16 vintage units in the high-demand Hollywood submarket, situated just steps from West Hollywood. This two-story character building features 6 large and 10 smaller singles with secured entry and charming original details, presenting an immediate opportunity for a new owner to implement a strategic renovation program to capture significant rent premiums. A rare and invaluable differentiator is the on-site carport parking, which offers multiple revenue streams, including ancillary income and the potential for multiple ADU conversions to exponentially increase cash flow. Nestled on a quiet street between Santa Monica and Sunset Boulevards, the property provides residents with a rare blend of residential tranquility and unbeatable access to the chic dining, nightlife, and retail of West Hollywood and the cultural landmarks of Hollywood, including proximity to Runyon Canyon Park and major commuting thoroughfares.