Detailed Introduction Of This Property
*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 Showing Remarks for Tour Date. *See Agent Remarks for website. *Unit 10 vacant as of November 2023; rent shown is anticipated rent. *See OM in property website.