Dana Brody
This listing was posted on RealtyWW.
$4,300,000
Home For Sale In Los Angeles, California
Price:
$4,300,000
BR/BA:
10+ BR, 9 BA
Location:
6708 Willoughby Ave, Los Angeles, CA
Description:
5.2% Cap in Prime Hancock Park! Walk to Pizzeria Mozza! We are very pleased to exclusively offer for sale The Siegel, a beautifully curated collection of nine apartment units perfectly located in the Heart of Hollywood's media district. Steps from Larchmont Village and storied Hancock Park, as well as shops and restaurants on Melrose Avenue, 6708 Willoughby Avenue is a beautifully remodeled nine unit apartment community offering an investor an extremely strong income producing asset in one of the desirable rental markets across Los Angeles. Property features updated plumbing and electrical, new windows, freshly painted, new electrical panels, washer/dryer hookups in all units. The main panel has been upgraded to 400 amps with completely new wiring, including 10 new meters (9 units plus 1 house) have been installed. Units feature high-end finishes including new appliances, high end countertops, recessed lighting, and so much more. Offered at a 5.2% cap rate and a 13 GRM, 6708 Willoughby is an excellent income producing 9 unit apartment building in an extremely hot rental market surrounded by high end homes and primed to continue to appreciate and grow in rental income over time. The Siegel offers a 6% cap rate at market rents for all units, with additional rent growth in the future!For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69067504
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More About this Listing: Home For Sale In Los Angeles, California
Home For Sale In Los Angeles, California is a 10+ BR 9 Bathroom Single-Family Homes for Sale at 6708 Willoughby Ave in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 6708 Willoughby Ave by searching Oodle Classifieds for 10+ BR 9 Bathroom Single-Family Homes for Sale in Los Angeles CA.
Home For Sale In Los Angeles, California is a 10+ BR 9 Bathroom Single-Family Homes for Sale at 6708 Willoughby Ave in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 6708 Willoughby Ave by searching Oodle Classifieds for 10+ BR 9 Bathroom Single-Family Homes for Sale in Los Angeles CA.