Property
Listing Agent: Adrienne Barr (DRE #01308753) · Listing Office: Berkadia · Contact: 310-209-3200 · Bought with: Zeina Maalouf · Positive Investments · MLS #23330193 · Source: CRMLS
CALL FOR OFFERS: Wednesday, January 10th by 5pm PST *Desirable NoHo Arts District location *1986 construction; new exterior facade; turnkey asset; no LA city rent control *All spacious and bright two-bedroom/two bath units (nearly 1,000 square feet/unit) *WalkScore 88: Walking distance to restaurants, retail, and theaters *In-Place Cap Rate: 5.1%; mark-to-market cap rate 6% *Direct Access to Strong Employers: Warner Bros., The Walt Disney Company, CBS Studios, Medical, and the Hollywood Burbank Airport *Easy access to the 134, 101, and 170 freeways and the nearby North Hollywood Metro Station. *See Agent Remarks for website. *See OM in property website.
Listing description from the April 2024 sale, as reported to CRMLS.