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2038 Holly Dr - 10 Large Units with Balconies, 5.8%Cap 10 Unit Apartment Building Offered at $2,700,000 at a 5.80% Cap Rate Los Angeles, CA 90068
Executive Summary
Ten (10) apartment units located in the most desired Hollywood Hills area of Los
Angeles
CAN BE SOLD SEPARATELY, OR ALONG WITH ADJACENT 23 UNITS
Desired unit mix of two and one bedroom apartments
Much coveted canyon living away from busy city life
Great curb appeal on quiet residential street
Bright and spacious apartments
Some units have new windows
New electrical panels with permits
Seismic retrofit completed
New water heater 2025
New exterior paint
Ample parking
Laundry on-site
Angeles
CAN BE SOLD SEPARATELY, OR ALONG WITH ADJACENT 23 UNITS
Desired unit mix of two and one bedroom apartments
Much coveted canyon living away from busy city life
Great curb appeal on quiet residential street
Bright and spacious apartments
Some units have new windows
New electrical panels with permits
Seismic retrofit completed
New water heater 2025
New exterior paint
Ample parking
Laundry on-site
Property Facts
| Price | $2,700,000 | Property Type | Multifamily |
| Price Per Unit | $270,000 | Building Size | 6,961 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 5.80% | No. Stories | 2 |
| Gross Rent Multiplier | 11.7 | Year Built | 1962 |
| No. Units | 10 |
| Price | $2,700,000 |
| Price Per Unit | $270,000 |
| Sale Type | Investment |
| Cap Rate | 5.80% |
| Gross Rent Multiplier | 11.7 |
| No. Units | 10 |
| Property Type | Multifamily |
| Building Size | 6,961 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
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Walk Score®
Very Walkable (77)
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2038 Holly Dr - 10 Large Units with Balconies, 5.8%Cap
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