5833 Gregory Ave, Los Angeles, CA 90038
10 Unit Apartment Building | $1,700,000 ($170,000/Unit) | 4.91% Cap Rate | Los Angeles, CA 90038
For Sale
Active
6 pictures
Asking Price $1,700,000
- Property Type
-
Multifamily
- Square Feet
- 6,574 SF
Listing Contacts
Chandler Rockwell
Property Overview
The Rockwell Group of Fred Leeds Asset Group, as the exclusive listing agent is pleased to present the opportunity to acquire
5833 Gregory Avenue, a 10-unit multifamily investment opportunity located in, Hollywood, CA
The property currently features 6,574 square feet of gross rentable area, situated on a 6,500-square foot lot. The 10-unit
building is composed of 2 two-bedroom/one-bathroom units, 6 one-bedroom/one-bathroom units and 2 studio/one-bathroom
units. The building is well-maintained and offers gated parking for tenants.
The property is situated in one of the trendiest locations in Los Angeles, sitting just North of Melrose Ave, sandwiched
between Vine Street and Gower Street. This prime location offers a tremendous amount of dining, shopping and
entertainment destinations in walking distance to the property, while being a short commute of major employment centers
such as West Hollywood, Hollywood, and Koreatown.
5833 Gregory Avenue, a 10-unit multifamily investment opportunity located in, Hollywood, CA
The property currently features 6,574 square feet of gross rentable area, situated on a 6,500-square foot lot. The 10-unit
building is composed of 2 two-bedroom/one-bathroom units, 6 one-bedroom/one-bathroom units and 2 studio/one-bathroom
units. The building is well-maintained and offers gated parking for tenants.
The property is situated in one of the trendiest locations in Los Angeles, sitting just North of Melrose Ave, sandwiched
between Vine Street and Gower Street. This prime location offers a tremendous amount of dining, shopping and
entertainment destinations in walking distance to the property, while being a short commute of major employment centers
such as West Hollywood, Hollywood, and Koreatown.
Property Details
- Class
- C
- Year Built
- 1961
- Stories
- 2
- Lot Size (sq. ft)
- 6,534 SF
- Units
- 10
Highlights
- Delivered With 2 Vacancies, Creating Opportunities to Add Value Instantly!
- Gated Parking and Entrance Offering Secure Investment in Residential Neighborhood!
- Excellent Unit Mix Composed of Two-Bedroom, One- Bedroom, and Studio Units - Well Suited for Today’s Market.
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