6731 Leland Way | Los Angeles, CA 90028
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- LoopNet Team
6731 Leland Way
Los Angeles, CA 90028
$199K/Unit | Prime Hollywood · Multifamily Property For Sale
·
73 Units
Investment Highlights
- Low Price per Unit and Attractive 12.59 GRM and 4.75% CAP Rate with Approximately 24% Rent Upside in Additional to Potential ADU and RUBS Revenue
- Assumable Financing at Below-Market 4.55% Interest Rate
- Favorable CAP Rate and GRM Compared to Recent Comparable Sales
- Excellent Hollywood Location – One Block to Highland Avenue and Sunset Boulevard Intersection
- Rare Opportunity -- First Time on the Market in 32 Years
- New Roof in 2018, Prominent Visibility on Corner Lot
Property Facts
| No. Units | 73 | Lot Size | 0.33 AC |
| Property Type | Multifamily | Building Size | 41,876 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1929 |
| Building Class | C | Parking Ratio | 0.14/1,000 SF |
| Zoning | LARD1.5 | ||
| No. Units | 73 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 41,876 SF |
| No. Stories | 4 |
| Year Built | 1929 |
| Parking Ratio | 0.14/1,000 SF |
| Zoning | LARD1.5 |
Amenities
Unit Amenities
- Heating
- Kitchen
Site Amenities
- Courtyard
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 69 | $1,498 | 370 - 440 |
| 1+1 | 4 | $1,572 | 650 |
Property Taxes
| Parcel Number | 5547-022-008 | Improvements Assessment | $940,625 |
| Land Assessment | $1,254,173 | Total Assessment | $2,194,798 |
Property Taxes
Parcel Number
5547-022-008
Land Assessment
$1,254,173
Improvements Assessment
$940,625
Total Assessment
$2,194,798
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