Multifamily
3160 Hollycrest Dr
3160 Hollycrest Dr, Los Angeles, CA 90068
Listing Price: $2,495,000
Cap Rate
1.56%
Number of Units
10
Price/Unit
$249,500
Price/Gross SF
$644.70
Gross SF
3,870
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 3160 Hollycrest Drive, a 10-unit multifamily investment opportunity + 2,768 SF vacant lot located in the supply constrained 90068 zip code of Los Angeles, CA.
3160 Hollycrest Dr
Investment Highlights
- First Time on the Market in 36 Years!
- Owner-User Potential Opportunity Offering a 2-Bedroom/1-Bathroom Owner Unit! | 1 Studio Unit to be Delivered Vacant.
- Approximately Over 200% in Rental Upside Through Renovation - a True Value-Add Opportunity.
- Potential to Convert Garages to ADU's!
- Potential Land Development Opportunity on 2,768 SF Currently Vacant Lot!
Exclusively Listed By
Listing Price: $2,495,000
Cap Rate
1.56%
Number of Units
10
Price/Unit
$249,500
Price/Gross SF
$644.70
Gross SF
3,870
Investment Highlights
- First Time on the Market in 36 Years!
- Owner-User Potential Opportunity Offering a 2-Bedroom/1-Bathroom Owner Unit! | 1 Studio Unit to be Delivered Vacant.
- Approximately Over 200% in Rental Upside Through Renovation - a True Value-Add Opportunity.
- Potential to Convert Garages to ADU's!
- Potential Land Development Opportunity on 2,768 SF Currently Vacant Lot!
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 3160 Hollycrest Drive, a 10-unit multifamily investment opportunity + 2,768 SF vacant lot located in the supply constrained 90068 zip code of Los Angeles, CA.
Exclusively Listed By
