Fully Renovated - Hollywood Hills 3305-3309 Primera Ave 6 Unit Apartment Building $3,595,000 ($599,167/Unit) 5.20% Cap Rate Los Angeles, CA 90068

LUXURY FULLY RENOVATED Six-Unit Multifamily in the HOLLYWOOD HILLS - 3305 Primera Avenue, Los Angeles, CA 90068, is a luxury mid-century modern apartment building located in the prestigious Lake Hollywood Hills, surrounded by multimillion-dollar homes. This rare offering delivers strong, stabilized income with exceptional potential for long-term capital appreciation and wealth preservation. The property is a custom-remodeled 6-unit apartment building, upgraded to the highest standards. Each designer apartment home features treetop and area views, attracting discerning tenants seeking a quiet, private oasis in one of Los Angeles’ most desirable neighborhoods.
Notably, this asset is one of only four multifamily properties (over four units) in the Lake Hollywood (90068) neighborhood, where single-family homes command an average sale price of approximately $1,900,000.

Built in 1959, this classic mid-century property offers an ideal unit mix, including:
* Two (2) 2-bedroom / 2-bathroom units - Private Decking/Patio
* Three (3) 3-bedroom / 2-bathroom units - Private Decking/Patio
* One (1) 4-bedroom / 3-bathroom unit -Private Decking/Patio
The property encompasses 5,441 square feet of improvements situated on a 5,991 square foot LAR2-zoned parcel, providing both stability and long-term value in a supply-constrained submarket. Parking for ALL Units.

The Hollywood Hills rank among the most affluent communities in Los Angeles and are home to iconic landmarks such as the Hollywood Sign on Mount Lee. The area is
renowned for its breathtaking views, rolling hills, and recreational pursuits.
Residents benefit from convenient access to Hollywood, Universal City, Ventura Boulevard, and the Metro Red Line. The property is located just 0.7 miles from the Lake Hollywood Reservoir Walking Trail, a highly desirable lifestyle amenity. Major nearby employers include Disney, Universal Studios, Warner Bros. Studios,
and the Radford Center Studio Campus, further supporting strong rental demand.

Contact us for add ’l information and/or a property tour.