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2330 N Cahuenga Blvd
Los Angeles, CA 90068
The Hillpointe (Value-Add) · Multifamily Property For Sale
·
30 Units
PROPERTY FACTS
| No. Units | 30 | Lot Size | 0.30 AC |
| Property Type | Multifamily | Building Size | 26,715 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1987 |
| Building Class | B | Parking Ratio | 2.06/1,000 SF |
| Zoning | RD1.5 | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.30 AC |
| Building Size | 26,715 SF |
| No. Stories | 4 |
| Year Built | 1987 |
| Parking Ratio | 2.06/1,000 SF |
| Zoning | RD1.5 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Refrigerator
SITE AMENITIES
- Controlled Access
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Gated
- Grill
- Lounge
ABOUT 2330 N CAHUENGA BLVD , LOS ANGELES, CA 90068
The Hillpointe, built in 1987 and not subject to rent control, is well amenitized with a lobby and elevator, fitness center, outdoor living spaces, controlled access, secure garage parking and central HVAC. An investor is offered the opportunity to acquire the property at a 4.25% cap rate on in-place collections with reassessed taxes and implement a value-add renovation strategy, including unit interior improvements and amenity upgrades, to boost post-renovation yield close to 5.5%. Please execute the confidentiality agreement below to receive the offering memorandum and other materials. Please call to schedule a property tour.
PROPERTY TAXES
| Parcel Number | 5576-001-067 | Improvements Assessment | $4,748,905 |
| Land Assessment | $9,550,872 | Total Assessment | $14,299,777 |
PROPERTY TAXES
