20 Unit Multi-Family Property in Hollywood - For Sale
$4,950,000
6705 De Longpre Avenue, Los Angeles, CA 90028
5
Cap Rate
9,056 sqft
Building Size
Details:
Description:
WESTMAC Commercial Brokerage Company is thrilled to present an incredible opportunity to acquire 6705 De Longpre Avenue, in Hollywood. The +/-9,055 square foot building sits on +/-11,601 square feet of land. The property is just two blocks from bustling Sunset Boulevard and Highland Avenue intersection.
The subject property is comprised of entirely studio units, with parking in the rear of the building, for approximately twenty (20) cars, or one for each unit. There is a small interior patio on the ground floor of the building.
Nestled in the heart of West Hollywood’s vibrant and highly sought-after Norma Triangle, this property presents an exceptional commercial real estate opportunity within an affluent and dynamic neighborhood. This prime location benefits from its proximity to a sophisticated mix of upscale residences, designer boutiques, and acclaimed dining establishments, creating a consistently high level of foot and vehicular traffic. Its central position offers convenient access to major thoroughfares, ensuring seamless connectivity to Beverly Hills, the Sunset Strip, and other key Los Angeles districts, further enhancing its appeal to businesses seeking a prestigious and accessible address.
Documents:
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Offering Memorandum
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