6400 Dix St - Apartments FOR SALE


Los Angeles, CA 90068- Hollywood
$2,450,000 USD
213-220-9800
6400 Dix St, Los Angeles, CA for Sale
$2,450,000 USD
Apartments - FOR SALE
1/17
null | 6.02% Cap Rate

6400 Dix St
Los Angeles, CA 90068
Hollywood


HIGHLIGHTS

  • Outstanding Hollywood Hills location walking distance to many famous Restaurants, Clubs and Attractions!!!

OVERVIEW

Lee & Associates Investment Services Group is pleased to present 6400 Dix Street, a 6 unit apartment building located in the heart of Hollywood. The Property is conveniently located near major dining and entertainment destinations such as the Hollywood Farmer’s Market, Mama Shelter, Trejo’s Cantina, The Dolby Theater and The Hollywood Bowl. The 6,916 sf two-story building sits on a 7,221 sf lot and is comprised of (2) two bedroom plus den and two bathroom units and (4) two bedroom plus den and one bathroom units. The subject property is ready for a new investor to take full advantage of its upside potential. In the rolling hills of Hollywood, you’ll discover no other than Hollywood Hills, one of the most affluent communities in Los Angeles, situated ten miles northwest of the city. Home to the infamous Hollywood Sign on Mount Lee, this neighborhood boasts significant landmarks, breathtaking views, and famous rolling hills, which are a part of the Santa Monica Mountains. With attractions like Runyon Canyon Park, Lake Hollywood Park, Griffith Park, and the Hollywood Bowl, this neighborhood is one for the books. And directly south of town, you’ll find even more exquisite attractions like the Hollywood Wax Museum and Hollywood Pantages Theatre! North of Hollywood Hills, you’ll find the some of the city’s greatest attractions in Universal City. Discover Universal Studios Hollywood and its famous sites like the Wizarding World of Harry Potter and Universal CityWalk, a vibrant area of shops, restaurants, bars, theaters, and so much more. Upscale apartments and historic West Coast-style homes reside on spacious lots along rolling hills with scenic views of the city and the nearby coast. With shopping, restaurants, hiking trails, big cities, and famous landmarks within reach, Hollywood Hills is an ideal residential destination on the West Coast. The Property is bordered by Franklin Ave on the south, Ivar Ave on the East, and Dix Ave on the North. The Hollywood Freeway is 2 blocks to the north. The Subject’s close proximity to major freeways, such as, Golden State (5) Pasadena/Harbor (110) & the Santa Monica (10) Freeways provides ready access to the beaches in Santa Monica, Venice and Malibu.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$354 USD /SF

# OF UNITS

6

PRICE/UNIT

$408,333

CAP RATE

6.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

LARD1.5

APN/PARCEL ID

5575-001-025

ASK ABOUT THIS PROPERTY

Mark KonopaskeLee & Associates - ISGMore Info
213-220-9800

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Mark KonopaskeLee & Associates - ISGMore Info
213-220-9800

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