Incredible investment opportunity in Hollywood! This multifamily treasure features 6 legal units across 3 separate buildings, rented to 10 different tenants on a spacious 20,522 SqFt lot. Conveniently located near I-95 and just minutes from the ocean, it offers both accessibility and allure. The property includes 10 non-conforming units: three 2/1 units, three 1/1 units, and four studios, providing a solid 6.26% return. Updating rents to current market rates can further elevate returns. Zoned as RM-18, it also offers amazing future redevelopment potential. Don't miss out on this prime location amidst a city approving higher density projects in the area! Seller financing available!
Buyer is welcome to tour the property from the outside, please do not talk to tenants. Access to the units will be provided only upon executed LOI/Contract
Seller financing available. attached NDA will need to be signed by buyer & selling agent to get additional information
For area demographics: https://neighborhoodintel.locallogic.co/basic/4750e0ed-d63b-4afc-8b2a-a212d85ed388