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Sold Date6/04/2021
Closed

1770 El Cerrito PlaceLos Angeles, California CA90028-5915

Listing IDAR21037337

10,166 SqFt 0.253 Acres

$3,600,000

A prime multi-family value add opportunity in the heart of Hollywood. Located steps away from desirable Hollywood attraction, this 16 units property boast a walk score of 96. The property features an ideal unit mix comprised of 7 studios, 7 one bedroom, and 2 two bedroom apartments. This property is the perfect property for repositioning in a proven high demand neighborhood with substantial upside in rents. Softstory Retrofit and new roofing have been completed in 2019. Property will deliver 4 vacancies for a quick turnaround. 1770 El Cerrito Pl is also located in the Opportunity Zone.
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