6101 Afton Pl - Apartments FOR SALE


Los Angeles, CA 90028- Hollywood
$1,299,000 USD
818-915-9118
6101 Afton Pl, Los Angeles, CA for Sale
$1,299,000 USD
Apartments - FOR SALE
1/8
null | 3.7% Cap Rate

6101 Afton Pl
Los Angeles, CA 90028
Hollywood


HIGHLIGHTS

  • 4-unit investment opportunity across from Sunset Gower Studios in the heart of Hollywood with 1 unit delivered vacant!
  • The building consists of four spacious 2 bedroom / 1 bath units with a total rentable sq. footage of appx. +/- 5,746 sq. ft.
  • Each unit has washer/dryer hookups and features 1920s Old Hollywood charm and period details.
  • With two garages on the appx. +/- 7,700 sq. ft lot and ample uncovered parking spaces, a buyer could potentially build one or more ADUs.

OVERVIEW

First time on the market in nearly 80 years! The Mayelian Apartment Group is proud to present an incredible 4-unit investment opportunity across from Sunset Gower Studios in the heart of Hollywood! Located in an Opportunity Zone, the building consists of four spacious 2 bedroom / 1 bath units with a total rentable sq. footage of appx. +/- 5,746 sq. ft. One unit will be delivered VACANT, allowing a buyer to immediately take advantage of the rental upside! Each unit has washer/dryer hookups and features 1920s Old Hollywood charm and period details. With two garages on the appx. +/- 7,700 sq. ft lot and ample uncovered parking spaces, a buyer could potentially build one or more ADUs to further enhance the rental income. Separately metered for gas and electric. Less than 1 mile from the Netflix HQ, Paramount Pictures, and walking distance to the Hollywood Walk of Fame, the building is in a highly desirable rental market with close proximity to Hollywood attractions, the 101 freeway, and Downtown LA.

FOR SALE DETAILS

PRICE

$1,299,000 USD

PRICE/SF

$200 USD /SF

# OF UNITS

4

PRICE/UNIT

$324,750

CAP RATE

3.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hollywood Opportunity Zone 4 Unit Building!

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,700 SF

ZONING

LAR3

APN/PARCEL ID

5546-021-008

ASK ABOUT THIS PROPERTY

Anie MayelianKW CommercialMore Info
818-915-9118

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Anie MayelianKW CommercialMore Info
818-915-9118

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