Price Reduced. Owner will entertain offers. The subject property is located in the heart of downtown Hollywood and consists of 14 units on the corner of 20th Ave and Pierce Street. The property itself contains 6103 ft.² on a lot that is 20,292 ft.² which is zoned RM 18.
The apartments are rented on a weekly, biweekly or monthly basis in the property has enjoyed a very strong rental history. As per BCPA the property has 11 legal units but currently operates under the configuration of 14 units which are as follows:
1 (1/1) apartment
13 studio apartments of which 9 are very large.
Amenities include a swimming pool and barbecue area. 14 is considered ample. HVAC is unit A/C’s.
The zoning has been up-zoned to DH-3 which allow for 3.0 FAR and a maximum height of 10 stories or 140 feet.
