4015 Melrose Ave - Apartments FOR SALE
Los Angeles, CA 90029 |
4015 Melrose Ave
Los Angeles, CA 90029
HIGHLIGHTS
- Rare opportunity to acquire a 44-unit opportunity in the trendy Virgil Village neighborhood of East Hollywood, near Silver Lake
- Excellent assumable loan in place – 3.1% fixed for 5 years*
- Value-add opportunity with significant upside potential; Select units have been beautifully renovated
- Strong unit-mix of well-designed units including (12) 1+1, (28) Studios, and (4) Bachelors
- Tenants are one block away from some of LA’s most popular hotspots including Courage Bagels, Squirl, Melody, Bolt, and Bolita
- Walking distance to countless amenities including famous restaurants, bars, shops, entertainment venues, and more
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
27796
STORIES
4
YEAR BUILT
1928
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5539-020-014
