2042 N Cahuenga Blvd | Los Angeles, CA 90068
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2042 N Cahuenga Blvd
Los Angeles, CA 90068
Multifamily Property For Sale · 8 Units
Investment Highlights
- Fantastic Hollywood Location
Executive Summary
Tamarack Real Estate Services is proud to present this value add opportunity in Hollywood. The site consists of three adjacent parcels and is located just north of the 101 freeway. One of the units will be delivered vacant. A new Buyer may be able to obtain favorable financing options. The price breaks down to $191 per square foot of land. The property includes approved entitlements for 34 units.
PROPERTY FACTS Under Contract
| Price Per Unit | $475,000 | Lot Size | 0.46 AC |
| Sale Type | Investment | Building Size | 6,369 SF |
| No. Units | 8 | Average Occupancy | 83% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Garden | Parking Ratio | 10/1,000 SF |
| Building Class | C |
| Price Per Unit | $475,000 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 6,369 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built | 1920 |
| Parking Ratio | 10/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $1,616 | - |
| 3+1 | 2 | $2,258 | - |
zoning
| Zoning Code | LAR3 |
| LAR3 |
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