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Multifamily

6705 De Longpre Ave

6705 De Longpre Ave, Los Angeles, CA 90028

Listing Price: $3,200,000

Cap Rate
6.70%
Number of Units
20
GRM
8.94
Price/Unit
$160,000
Price/Gross SF
$353.36
Gross SF
9,056

Investment Overview

The Azzi Group of Marcus & Milichap is pleased to present the opportunity to acquire 6705 De Longpre Ave, a 20-unit multifamily apartment building in the Hollywood submarket of Los Angeles, CA 90028.

Investment Highlights

  • Offered at $3.2 million ($160,000/unit), the 20-unit studio community presents an attractive basis in one of Los Angeles' most established multifamily submarkets.
  • Highly walkable to both iconic Sunset Boulevard and Hollywood Boulevard, providing tenants with immediate access to nearby coffee shops, dining, and shopping.
  • Ownership has completed key upgrades, including new electrical panels and new community laundry machines, helping reduce future capital expenditures.

Exclusively Listed By

Multifamily

6705 De Longpre Ave

Listing Price: $3,200,000

Cap Rate
6.70%
Number of Units
20
GRM
8.94
Price/Unit
$160,000
Price/Gross SF
$353.36
Gross SF
9,056

Investment Highlights

  • Offered at $3.2 million ($160,000/unit), the 20-unit studio community presents an attractive basis in one of Los Angeles' most established multifamily submarkets.
  • Highly walkable to both iconic Sunset Boulevard and Hollywood Boulevard, providing tenants with immediate access to nearby coffee shops, dining, and shopping.
  • Ownership has completed key upgrades, including new electrical panels and new community laundry machines, helping reduce future capital expenditures.

Investment Overview

The Azzi Group of Marcus & Milichap is pleased to present the opportunity to acquire 6705 De Longpre Ave, a 20-unit multifamily apartment building in the Hollywood submarket of Los Angeles, CA 90028.

Exclusively Listed By

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