Armin Soleimani
This listing was posted on RealtyWW.
$3,100,000
Home For Sale In Los Angeles, California
Price:
$3,100,000
BR/BA:
10+ BR, 10+ BA
Location:
1129 Lodi Pl, Los Angeles, CA
Description:
Huge 700k Price Reduction! 8-unit building with 7 fully renovated units in Prime Hollywood cash flowing at an incredible Current Cap Rate of 6.1% and 11.9 GRM from day 1! The 7 units have been completely remodeled from the studs with permits and boast a high-end aesthetic with new modern cabinets, flooring, recessed lighting, new bathrooms, new Mini Split AC systems, stainless steel appliances, washer/dryer inside, as well as major exterior capital improvements (4 vacant). The unit mix provides unparalleled versatility, including 2 spacious (2bed/3bath) units ideal for families, as well as 6 modern (1bed/1bath) units perfect for individuals seeking comfort and style. Each unit is individually metered for gas and electricity, ensuring convenience and efficiency. On top of that, the major systems have been updated including electrical, plumbing, HVAC, etc. Furthermore, there's an additional upside to 6.9% Cap Rate and 10.7 GRM on proforma. The property is located in the heart of the Hollywood entertainment industry just minutes away from Netflix studios, Paramount Studios, and Netflix Corporate office. Located just steps away from the world-famous Sunset Blvd, the property offers close proximity to neighborhood attractions, restaurants, bars, and shops such as the Hollywood Walk of Fame, Highlight Room, TAO, Bar-Lis, Dream Hotel, Thompson Hotel, and many more popping up all around the area.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i71880100
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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 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale at 1129 Lodi Pl in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 1129 Lodi Pl by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale in Los Angeles CA.
Home For Sale In Los Angeles, California is a 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale at 1129 Lodi Pl in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 1129 Lodi Pl by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale in Los Angeles CA.