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18 Units/ 2 Structures Prime Hollywood Hills 2030 Holly Dr 18 Unit Apartment Building $4,600,000 ($255,556/Unit) 6.56% Cap Rate Los Angeles, CA 90068
Executive Summary
THE MOST COVETED HOLLYWOOD HILLS RESIDENTIAL MARKET
18 units located in two separate structures with great curb appeal
Generously sized patios and balconies in quiet residential area
95% of units are large and bright two bedroom apartments
Building size equals 14977 feet in two structures
Some units have new windows and walk-in closets
New electrical panels with permits
Seismic retrofit completed
New water heater 2025
New exterior paint
Ample parking; laundry on-site
18 units located in two separate structures with great curb appeal
Generously sized patios and balconies in quiet residential area
95% of units are large and bright two bedroom apartments
Building size equals 14977 feet in two structures
Some units have new windows and walk-in closets
New electrical panels with permits
Seismic retrofit completed
New water heater 2025
New exterior paint
Ample parking; laundry on-site
Property Facts
| Price | $4,600,000 | Apartment Style | Low-Rise |
| Price Per Unit | $255,556 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.69 AC |
| Cap Rate | 6.56% | Building Size | 14,977 SF |
| Gross Rent Multiplier | 9.7 | Average Occupancy | 97% |
| No. Units | 18 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1962 |
| Property Subtype | Apartment | ||
| Zoning | LARD2 - Residential | ||
| Price | $4,600,000 |
| Price Per Unit | $255,556 |
| Sale Type | Investment |
| Cap Rate | 6.56% |
| Gross Rent Multiplier | 9.7 |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 14,977 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1962 |
| Zoning | LARD2 - Residential |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Range
- Tub/Shower
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5576-019-037 | Improvements Assessment | $340,773 |
| Land Assessment | $104,170 | Total Assessment | $444,943 |
Property Taxes
Parcel Number
5576-019-037
Land Assessment
$104,170
Improvements Assessment
$340,773
Total Assessment
$444,943
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18 Units/ 2 Structures Prime Hollywood Hills | 2030 Holly Dr
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