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Multifamily

3226 Barham Blvd

3226 Barham Blvd, Los Angeles, CA 90068

Listing Price: $1,650,000

Cap Rate
5.28%
Number of Units
4
Occupancy
25.0%
Price/Unit
$412,500
Price/Gross SF
$823.35
Gross SF
2,004

Investment Overview

Marcus and Millichap is pleased to present a four (4) unit mixed-use building located at 3226 Barham Boulevard in Los Angeles, California. The property is situated in a prime Hollywood Hills location, north of Cahuenga Boulevard and east of Barham Boulevard. In the rolling hills of Hollywood, you’ll discover no other than Hollywood Hills, one of the most affluent communities in Los Angeles, situated ten miles northwest of the city. Home to the infamous Hollywood Sign on Mount Lee, this neighborhood boasts significant landmarks, breathtaking views, and famous rolling hills, which are a part of the Santa Monica Mountains. With attractions like Runyon Canyon Park, Lake Hollywood Park, Griffith Park, and the Hollywood Bowl, this neighborhood is one for the books. And directly south of town, you’ll find even more exquisite attractions like the Hollywood Wax Museum and Hollywood Pantages Theatre! North of Hollywood Hills, you’ll find the some of the city’s greatest attractions in Universal City. Discover Universal Studios Hollywood and its famous sites like the Wizarding World of Harry Potter and Universal CityWalk, a vibrant area of shops, restaurants, bars, theaters, and so much more. Upscale apartments and historic West Coast-style homes reside on spacious lots along rolling hills with scenic views of the city and the nearby coast. With shopping, restaurants, hiking trails, big cities, and famous landmarks within reach, Hollywood Hills is an ideal residential destination on the West Coast. Built in 1954, this property contains a unique unit mix of one (1) studio / one bathroom unit, two (2) one bedroom / one bathroom units, and one (1) retail store unit located at the front of the property right off of the -101 Freeway entrance and exit. The retail unit is 342 SqFt with a sun room style additional that adds approximately 400 SqFt more. The retail unit will be delivered vacant with 67,000 daily traffic counts. The three (3) units are located in the back and feature stylish molding and doorways, wood flooring, and bay windows. Two (2) residential units will be delivered vacant. The property is well-maintained with incredibly lush landscaping and hillside views. Tenants will enjoy being within walking distance to trendy and upscale restaurants, retail, and entertainment amenities across Cahuenga Boulevard. One of the most prominent amenities is Universal Studios and CityWalk, located just 1.3 miles from the subject property. Tenants can also find outdoor recreation less than half a mile away at El Paseo De Cahuenga Park. Situated in a prime Hollywood Hills location, this offering presents an excellent opportunity for a potential owner-user to occupy the retail space while receiving good income from the apartments at an attractive initial return.

Investment Highlights

  • Prime Hollywood Hills Location
  • Three (3) Units will be Delivered Vacant - One (1) Retail & Two (2) Residential
  • Rare Mixed-Use Lot Right off of the -101 Freeway Entrance & Exit
  • 1950's Character Buildings with Great Landscaping
  • Excellent Store Frontage - 67,000 Daily Traffic Counts
  • Located Only 1.3 Miles Away from Universal Studios & CityWalk
  • Units are Well-Maintained with Plenty of Built in Cabinetry, Stylish Molding & Doorways, & Bay Windows
  • Adjacent to World Class Amenities Hollywood is Known For

Exclusively Listed By

Financing By

Multifamily

3226 Barham Blvd

Listing Price: $1,650,000

Cap Rate
5.28%
Number of Units
4
Occupancy
25.0%
Price/Unit
$412,500
Price/Gross SF
$823.35
Gross SF
2,004

Investment Highlights

  • Prime Hollywood Hills Location
  • Three (3) Units will be Delivered Vacant - One (1) Retail & Two (2) Residential
  • Rare Mixed-Use Lot Right off of the -101 Freeway Entrance & Exit
  • 1950's Character Buildings with Great Landscaping
  • Excellent Store Frontage - 67,000 Daily Traffic Counts
  • Located Only 1.3 Miles Away from Universal Studios & CityWalk
  • Units are Well-Maintained with Plenty of Built in Cabinetry, Stylish Molding & Doorways, & Bay Windows
  • Adjacent to World Class Amenities Hollywood is Known For

Investment Overview

Marcus and Millichap is pleased to present a four (4) unit mixed-use building located at 3226 Barham Boulevard in Los Angeles, California. The property is situated in a prime Hollywood Hills location, north of Cahuenga Boulevard and east of Barham Boulevard. In the rolling hills of Hollywood, you’ll discover no other than Hollywood Hills, one of the most affluent communities in Los Angeles, situated ten miles northwest of the city. Home to the infamous Hollywood Sign on Mount Lee, this neighborhood boasts significant landmarks, breathtaking views, and famous rolling hills, which are a part of the Santa Monica Mountains. With attractions like Runyon Canyon Park, Lake Hollywood Park, Griffith Park, and the Hollywood Bowl, this neighborhood is one for the books. And directly south of town, you’ll find even more exquisite attractions like the Hollywood Wax Museum and Hollywood Pantages Theatre! North of Hollywood Hills, you’ll find the some of the city’s greatest attractions in Universal City. Discover Universal Studios Hollywood and its famous sites like the Wizarding World of Harry Potter and Universal CityWalk, a vibrant area of shops, restaurants, bars, theaters, and so much more. Upscale apartments and historic West Coast-style homes reside on spacious lots along rolling hills with scenic views of the city and the nearby coast. With shopping, restaurants, hiking trails, big cities, and famous landmarks within reach, Hollywood Hills is an ideal residential destination on the West Coast. Built in 1954, this property contains a unique unit mix of one (1) studio / one bathroom unit, two (2) one bedroom / one bathroom units, and one (1) retail store unit located at the front of the property right off of the -101 Freeway entrance and exit. The retail unit is 342 SqFt with a sun room style additional that adds approximately 400 SqFt more. The retail unit will be delivered vacant with 67,000 daily traffic counts. The three (3) units are located in the back and feature stylish molding and doorways, wood flooring, and bay windows. Two (2) residential units will be delivered vacant. The property is well-maintained with incredibly lush landscaping and hillside views. Tenants will enjoy being within walking distance to trendy and upscale restaurants, retail, and entertainment amenities across Cahuenga Boulevard. One of the most prominent amenities is Universal Studios and CityWalk, located just 1.3 miles from the subject property. Tenants can also find outdoor recreation less than half a mile away at El Paseo De Cahuenga Park. Situated in a prime Hollywood Hills location, this offering presents an excellent opportunity for a potential owner-user to occupy the retail space while receiving good income from the apartments at an attractive initial return.

Exclusively Listed By

Financing By

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