Value-add opportunity with a 5.77% going-in cap rate and rental upside in Los Feliz-adjacent East Hollywood. This 10-unit apartment building features all one-bedroom, one-bath units across approximately 6,766 SF. Recent capital improvements include fully replaced plumbing and an electrical panel upgrade in 2024. Amenities include secured access, on-site laundry and approximately six carport spaces. Just south of Hollywood Boulevard, the property offers a Walk Score of 92 and convenient access to the Hollywood/Western Metro B Line station, shopping, dining and entertainment. An attractive opportunity to acquire current income with room for rental growth.
1606 N Kingsley: Sold $892,000 · 3 bd · 4 ba · 1,750 sqft · Jul 2026 · 0.1 mi Pacific Sterling Realty | DRE #02162284 Buyer's agent: Reza Badakhshan, Compass | DRE #02131259
5440 Harold Way: Sold $1,957,500 · 12 bd · 10 ba · 5,706 sqft · Aug 2026 · 0.3 mi Keller Williams Beverly Hills | DRE #01879326 Buyer's agent: David Morales, Virtual Brokers | DRE #01893696
1410 N Serrano Avenue: Sold $275,000 · 1 bd · 1 ba · 591 sqft · Jul 2026 · 0.3 mi Aspire Los Angeles | DRE #01773473 Buyer's agent: Daniel Milstein, Christie's International Real Estate SoCal | DRE #02106842
1848 N Normandie Avenue: Sold $1,455,000 · 8 bd · 7 ba · 5,547 sqft · Jul 2026 · 0.3 mi Marcus & Millichap | DRE #01772495 Buyer's agent: Alex Galuz, Keller Williams Realty Calabasas | DRE #01291486
5424 Franklin Avenue: Sold $2,900,000 · Jun 2026 · 0.3 mi Compass | DRE #02053534 Buyer's agent: Jared Levine, Keller Williams Realty Calabasas | DRE #01804008
3901 De Longpre Avenue: Sold $1,020,000 · Sep 2026 · 0.4 mi KELLER WILLIAMS LARCHMONT | DRE #01308257 Buyer's agent: Edwin Khosrovian, Prominent Real Estate Group | DRE #01330357
2000 De Mille Drive: Sold $24,750,000 · 6 bd · 10 ba · 11,000 sqft · Sep 2026 · 0.4 mi
5470 Los Feliz Boulevard: Sold $3,800,000 · 6 bd · 6 ba · 6,057 sqft · Jul 2026 · 0.5 mi PLG Estates | DRE #01479846 Buyer's agent: Monique Carrabba, Compass | DRE #01708376