06-24-2022
07-05-2022
7224 Hillside Ave, Los Angeles, CA 90046
- 39 Units + 1 Non Conforming Prime Hollywood!
- Just Steps Away From Runyon Canyon!
- Excellent Unit Mix Composed of 1-Bedroom, 2-Bedroom, and 3-Bedroom Units
- Approximately 30% Upside in Rents
- Spacious Units Averaging Approximately 1,225 Square Feet!
- Property Offers: Keyless Entry, On-Site Laundry, Gym, Pool, Gated Parking, Resident Lounge, Manager’s Office, and Rooftop Deck for Tenants
- All Renovated Units Offer En-Suite Washer/Dryer and Plumbing Shut-Off Valves. 35 of 39 units offer Private Balconies/Patios. Select Units Furnished
- Condominium Finishes and Open Kitchen Layouts
- 52 Total On-Site Parking Spaces with the Potential to Add 5 Additional Spaces. 3 Motor-Powered Garage Gates Offering Entry from Hillside Avenue and Alleyway Behind Building.
- Potential to Convert Some of the Common Areas into ADU’s
- Property is Situated on a Large 24,459-Square Foot Lot Zoned LAR3
- Separately Metered for Gas and Electric
- 21 Security Cameras Throughout the Property and 2 DVR Security Systems on the Ground Floor
Key Property Information
Listing Status
Available
Listing Type
Highest & best offer
Multifamily type
Garden Style
No. of Units
39
Opportunity Zone
No
Price per unit
$ 0
