NAI Capital Commercial, Inc. is pleased to offer exclusively for sale, the fee-simple interest in The Gilbert. Built in 1925. The Gilbert is a charming residential building in Hollywood, California, featuring 68 renovated units that can accommodate 144 beds.
¦ Offered as an Owner User Opportunity or a Leased Investment
¦ Potential for repositioning as co-living, transitional or supportive housing
¦ Repositioning to include ground floor retail
¦ Current use is triple net master-leased student housing
¦ Each unit built out with renovated full bathrooms, closets and AC units
¦ Elevator and Skylight
¦ Large interior courtyard
¦ Gated, secure compound with guard station
¦ Large common area spaces including: lobby, lounge, community kitchen, dining area, computer lab/offices, business center, fitness room, and 2 laundry rooms