2230 N CAHUENGA BLVD Los Angeles CA 90068

2230 N CAHUENGA BLVD Los Angeles CA 90068

8-UNIT MULTIFAMILY

HOLLYWOOD HILLS, CA 90068

2230 N CAHUEGA BLVD LOS ANGELES, CA 90068

Exclusively Listed By:

RICH JOHNS

Multifamily Investment Advisor 818.432.1575 richjohns@ CalBRE Lic#01432215

IDO GIAT

Senior Vice President 323.613.6163 idore@ CalBRE Lic.#01242143

CONTENTS

04 PROPERTY DESCRIPTION 08 LOCATION OVERVIEW 22 FINANCIAL SUMMARY 26 MARKET COMPARABLES

PROPERTY DESCRIPTION

THE

Offering

KW Commercial is pleased to present a strategic mar- installed in 2006 and the installation of laundry facil-

CBcaeopnuitlteraavllialzyredkchel,otaocr4pnma5ot0iseni9tdtgihoeWn8in-inuilgtnlSoriietawlvmnieanerlvBynesrLsdiostaomokfukoeesrn, t2Aj2uvmo3esp0otnpmuCosearoethnuuuinttseuhintmygpoaoffeiBaisSnltevuuddrn.i,tnshtageoet Hollywooad-bSuilcvoelirc cLoaukrteyarsdublomcaaterkdeitn. thFue rHthoellrymwooored, Hitlhlse

ities in 2003. Proximity to employment, lifestyle, and retail centers

subject p(r9o0p06e8r)t,yo'snetroafnLsAi'st moroisetndtyendamanicdnehigighhbloyrhwoaoldksa. ble in the heart of Hollywood and within immediate prox-

location offers residents access to myriad entertainment imity to West Hollywood, Silver Lake and DTLA make

venues, c2u2l3tu0rCaalhdueesntginaaBtlivodn.,sb, uainltdind1i9n4in0,ghoaspatinonexscnepetaiorbn-y. these apartment units extremely desirable to the af-

Given 4509

WthiellaoplwruonpBitercorotoymk'splAoovscietainotuinoenbeiasnneadfintsintigrdoaennagleinainscveoemosftemmmeaenntatrgifeco-sr,

fluent millennial renter demographics.

apartmenmt eonpt aenradtroernstasleoef kuinnitgs. iTmotmaleladniadtaereraeitsu8r,n69s4aslqofnt.g with longTtheermprowpeeartlythpprorveessersvtraotniogncuarnrednat pinpcroemceiawtiiothn.sig-

nificant upside potential in rent. The property shows

This location is the indisputable "CENTER OF LA" ? vibrant, dynamic and artistic resident demographic

excellent curb appeal on a street of larger apartment base populating cutting-edge retail, cafes, restaurants

communities and condominiums and features ma- and world-class hipster hot spots. An endlessly enter-

ture landscaping, common area laundry and hillside taining region, set at the base of the Hollywood Hills

views.

and within a short drive to major employment centers

within Hollywood proper, DTLA and Koreatown.

Individual apartment homes feature wood flooring and character fitting of the era along with dual entrances.

The property offers investors a unique and rare balance between strong current income and meaningful rental upside for future vacant apartments.

Building systems upgrades include roofing system in-

stalled in 1998, electrical service and circuit upgrades

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download