2951 Park Center Dr - Apartments FOR SALE


Los Angeles, CA 90068
$1,200,000 USD
949-922-2861
2951 Park Center Dr, Los Angeles, CA for Sale
$1,200,000 USD
Apartments - FOR SALE
1/17
null | 4.48% Cap Rate

2951 Park Center Dr
Los Angeles, CA 90068


HIGHLIGHTS

  • Less than a mile away from Mulholland Dr
  • Premier Craftsman Style Duplex
  • ADU Potential in Garage

OVERVIEW

2951 Park Center Dr offers two units ideally located in the highly exclusive Hollywood Hills market centrally located near Laurel Canyon, Hollywood Bowl, Universal Studios, and a multitude of entertainment/restaurant options. In addition, this unique offering is situated in one of the most desirable rental markets and will be the first time on the market in two decades. The two story property sits on 2,855 SF of land with 1,581 SF of rentable space consisting of one (1) - 2BR/2Bth Unit on the second floor, and one (1) 1BR/1BTH Unit on first floor, and the potential for an ADU conversion in the garage. The offering provides a rare opportunity for an investor or user to acquire this turnkey asset.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$759 USD /SF

# OF UNITS

2

PRICE/UNIT

$600,000

CAP RATE

4.48%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2951 Park Center Dr

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,875 SF

ZONING

R1

APN/PARCEL ID

2429-024-013

ASK ABOUT THIS PROPERTY

Dane GarsonKidder MathewsMore Info
949-922-2861

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Dane GarsonKidder MathewsMore Info
949-922-2861

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.