Partners CRE | Compass Commercial are proud to exclusively present for sale a Ready-to-Issue 28 Unit Non-Rent Controlled Construction Project in East Hollywood.
Conveniently located off the 101 Freeway and less than one mile away from the Vermont / Beverly Metro Subway Station, this beautifully designed construction project will put your future tenants in the middle of it all, surrounded by Koreatown, Silver Lake, Hollywood and Downtown.
Consisting of Eighteen 1 Bedroom & 1 Bathroom homes and Ten 2 Bedroom & 2 Bathroom homes (one en-suite bathroom), every home has walk-in-closets, a balcony and Washer/Dryer closet. Each home has a generous great room with a corner kitchen, dining and living room areas with access to the private balcony.
The building will feature a central Courtyard, a Rec Room (with bathroom), 14 standard parking spaces, a lobby, trash chutes, and long-term storage for 28 bikes. The area is designated as Very Walkable (by Walk Score) and the property is less than a mile to the Subway Station at Vermont Ave. and Beverly Blvd.
The building will feature 20,028 SF of Livable / Rentable space over an on-grade garage podium.
The property is located in an Opportunity Zone and the building will have three Extremely Low Income restricted unit.
Th transaction includes two parcels with one APN each: 5518-011-003 & 5518-011-004.
