Brand-New Construction in a High-Demand Rental Market
This newly built 33-unit apartment complex offers investors a turn-key asset with condo-quality interiors, featuring soft color palettes that create a calming and modern ambiance. With high-quality construction and no deferred maintenance, the property is designed for comfort and style. Given the increasing demand for contemporary rentals in East Hollywood, this property is ideally positioned to attract tenants seeking upscale living in a prime central location.
Desirable Unit Mix with Spacious Floor Plans
Featuring 23 two-bedroom, two-bath units, and 10 one-bedroom, one-bath units, this property appeals to a wide range of tenants, from young professionals to small families. The thoughtful unit layouts maximize space and livability, ensuring strong leasing demand and minimal vacancies.
Secure, Gated Entry & Parking with Subterranean Garage
A rare ?nd in the area, this property offers residents the convenience and security of gated access, along with a subterranean garage that includes a mix of single and tandem parking spaces. With 33 total parking spaces and three EV chargers, the building provides ample accommodations for LA’s car-reliant renters.
Rooftop Deck with Panoramic City Views
A standout amenity, the rooftop deck offers residents a relaxing escape with stunning views of the Los Angeles skyline. Complete with cozy lounge chairs and a sleek rooftop ?repit, this communal space is perfect for outdoor leisure and entertainment. It adds lifestyle appeal, making the proper-ty even more desirable for tenants seeking a stylish and comfortable spot to unwind and socialize under the open sky.
On-Site Fitness Center for Modern Living
With an in-building gym, tenants enjoy the convenience of staying active without leaving home. This sought-after amenity increases resident satisfaction while enhancing the property’s competitive edge in the rental market.
Turnkey Asset with Strong Rent Potential
As a brand-new construction, this building eliminates the need for costly renovations and provides a hassle-free investment opportunity. With East Hollywood experiencing rising rental rates, investors can capitalize on strong lease-up potential and long-term appreciation.
Strong Local Economy and Employment Opportunities
East Hollywood boasts a dynamic local economy with a variety of employment opportunities in sec-tors like entertainment, healthcare, and technology. The area's ongoing development continues to attract businesses and professionals, contributing to a robust rental market.