Residential Income - Los Angeles, CA

The subject property is a turn-key, nine unit apartment complex built in 1964 and located in Hollywood. Ideally situated on Fountain Ave, just off Wilton Place and south of Sunset, these units offer tenants a central hub to all that Hollywood and Los Angeles has to offer. The property boasts a diverse unit mix with one studio, three 1 bedroom, 1 bathroom units, one 2 bedroom, 1 bathroom unit, one 2 bedroom, 1 bathroom unit and three 2 bedroom, 2 bathroom units. The prime location allows occupants to enjoy all of Hollywood's world famous entertainment, dining and culture, within the comfort of a quiet and luxurious home. All units have been renovated. The improvements are built on a 7,511 square foot lot with a total rentable square footage of 7,097. There are 10 on-site parking spaces and the buildings seismic soft-story retrofit has been completed. Each well maintained unit is individually metered for gas and electricity.