2016-2022 Vista Del Mar Ave, Los Angeles, CA 90068

6 Unit Apartment Building | $3,995,000 ($665,833/Unit) | 4.97% Cap Rate | Los Angeles, CA 90068

Asking Price $3,995,000

Property Type
Multifamily
Square Feet
4,492 SF

Listing Contacts

Kenny Stevens
Kenny Stevens
Max Berger
Max Berger
Courtney Pickard
Courtney Pickard

Property Overview

2016 Vista del Mar is a meticulously-renovated boutique bungalow compound in the Hollywood Hills. The property consists of 6 bungalow-style units that are fully renovated to the studs, offer luxurious amenities catering to high-income renters, and a central location for living the LA lifestyle so many dream about. Located north of Franklin Ave. in the Hollywood Dell neighborhood, the property’s strategic location offers compelling fundamentals, abundant entertainment and dining amenities, and convenient access to employment hubs. Renovated by AIH Development, a prominent Los Angeles developer bringing elevated and upscale residential design/amenities to this turnkey project. Originally built in 1921 and 1923, the property consists of (1) 2-bdrm. and 2.5-bath unit (possible owner’s unit), (1) 1-bdrm. unit with an office space, and (4) 1-bdrm. units spread across 4 structures. These bungalow-style units are arranged in a courtyard configuration on a 12,267 SF lot. From stucco to windows, doors, roofs, water lines, sewer, electrical, and HVAC, each structure has been meticulously rebuilt with energy efficiency, longevity, and ease of maintenance in mind. Property amenities include covered parking for 7 vehicles features EV charging
capabilities individually metered for each unit.

Property Details

Year Built
1921
Stories
1
Lot Size (sq. ft)
12,197 SF
Units
6

Highlights

  • 2016 Vista del Mar is a meticulously-renovated boutique bungalow compound in the Hollywood Hills - fully renovated to the studs.
  • Located north of Franklin Ave. in the Hollywood Dell neighborhood.
  • Renovated by AIH Development, a prominent Los Angeles developer bringing elevated and upscale residential design/amenities to this turnkey project.
  • (1) 2-bdrm. and 2.5-bath unit (possible owner’s unit), (1) 1-bdrm. unit with an office space, and (4) 1-bdrm. units spread across 4 structures.
  • From stucco to windows, doors, roofs, water lines, sewer, electrical, and HVAC, each structure has been meticulously rebuilt with longevity in mind.
  • 7” wide white oak engineered hardwood flooring, shadow box moldings, custom window treatments, Caesarstone countertops, custom cabinetry and more.

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