2230 N Cahuenga Boulevard

    Los Angeles (City), CA 90068
    • $2,795,000
    • STATUS: Active
    • ON SITE: 9 days
    • MLS #: 19519234
    UPDATED: 34 min ago
    $2,795,000
    • 6
      BEDS
    • 0.2
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 5,100
      SQFT
    • $548
      $/SQFT
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Ratings & Info

    Description

    2230 Cahuenga Blvd., built in 1940, has an exceptional unit composition benefiting an ease of management and rental of units. Total land area is 8,694 sq ft. The property provides significant upside potential in rent. The property shows excellent curb appeal on a street of larger apartment communities and condominiums and features mature landscaping, common area laundry and hillside views.Individual apartment homes feature wood flooring and character fitting of the era.This location is the indisputable "CENTER OF LA" - vibrant, dynamic and artistic resident demographic base populating cutting-edge retail, cafes, restaurants and world-class hipster hot spots. An endlessly entertaining region, set at the base of the Hollywood Hills and within a short drive to major employment centers within Hollywood proper, DTLA and Koreatown. The property offers investors a unique and rare balance between strong current income and meaningful rental upside for future vacant apartments.

    Monthly Payment Calculator



    Based on information from CARETS as of 2019-10-20T18:45:30.443. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.deirdrecoitandassociates.com/homes/99814381

    2230 N Cahuenga Boulevard Los Angeles (City), CA 90068

    • Price: $2,795,000
    • Status: Active
    • Updated: 34 min ago
    • MLS #: 19519234
    6
    Beds
    8
    Baths
    0
    ½ Baths
    0.2
    Acres
    5,100
    SQFT
    $548
    $/SQFT
    1940
    Built
    Neighborhood:
    Hollywood Hills East (C30)
    County:
    Los Angeles
    Area:
    Hollywood Hills East (C30)
    Property Description
    2230 Cahuenga Blvd., built in 1940, has an exceptional unit composition benefiting an ease of management and rental of units. Total land area is 8,694 sq ft. The property provides significant upside potential in rent. The property shows excellent curb appeal on a street of larger apartment communities and condominiums and features mature landscaping, common area laundry and hillside views.Individual apartment homes feature wood flooring and character fitting of the era.This location is the indisputable "CENTER OF LA" - vibrant, dynamic and artistic resident demographic base populating cutting-edge retail, cafes, restaurants and world-class hipster hot spots. An endlessly entertaining region, set at the base of the Hollywood Hills and within a short drive to major employment centers within Hollywood proper, DTLA and Koreatown. The property offers investors a unique and rare balance between strong current income and meaningful rental upside for future vacant apartments.
    Exterior Features

    Parking Spaces Total 7 Parking Type Carport Detached

    Interior Features

    Cooling Type Other Heating Type Wall Heater Interior Features Other Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bed01 1 Unit Number Of Bed02 0

    Property Features

    Adjusted Gross Income 139135.00 Assessed Improvement Value 520647.00 Assessed Land Value 735038.00 Cap Rate 3.10 Country United States Of America Expense Total Annual 48506.00 Gross Operating Income 139135.00 Gross Rent Multiplier 20.10 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Vendor Enhanced Net Operating Income 87846.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 8813.73 Unit Monthly Rent02 2445.08 Unit Projected Total Monthly Rent01 16760.00 Unit Total Monthly Rent01 11258.81 Unit Type01 6 Unit Type02 2 Units Total In Complex 8 Zoning Lar3

    Listing provided courtesy of Ido Giat DRE#01242143 of Keller Williams Studio City and Rich Johns CA DRE# 01432215 of .


    Based on information from CARETS as of 2019-10-20T18:45:30.443. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
    Deirdre Coit and Associates | Compass
    74199 El Paseo, 200
    Palm Desert CA, 92260