Brand new construction 6-unit luxury complex in the heart of Hollywood. This stunning investment features a rare unit mix including (2) 3BR/3.5BA, (1) 4BR/4BA, (1) 4BR/3.5BA, (1) 3BR/3BA, and (1) 2BR/2BA all designed with modern finishes, open floor plans, in-unit laundry, central AC, European cabinetry, stainless steel appliances, and large windows flooding the units with natural light. Each unit is separately metered for gas, water, electric, and trash. Tenants pay all utilities ensuring low maintenance and high cash flow.Pro forma gross monthly income is $28,180 ($338,180 annually) with projected expenses at 30%, yielding an NOI of approx. $236,718 annually. Estimated CAP rate of 5% and GRM of 13.9 at asking price. Located on a prime street just minutes from Sunset Blvd, this is a rare opportunity to acquire a pride-of-ownership, high-income producing asset in one of LA's most desirable rental markets.
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Listing Snapshot
Price
$4,699,995
Days On Site
4 Days
Bedrooms
19
Inside Area (SqFt)
8,000 sqft
Total Baths
19
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1567 Acres
Year Built
2025
MLS® Number
25566857
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
2 days ago
Listing updated with changes from the MLS®
5 days ago
Listing first seen on site
General Features
Acres
0.1567
Number Of Stories
3
Parking
Assigned
Parking Spaces
10
Property Condition
New Construction
Security
Carbon Monoxide Detector(s)Fire Sprinkler SystemGated Community
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