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Multifamily

1215 Neola

1215 Neola St, Los Angeles, CA 90041

Listing Price: $1,625,000

Cap Rate
4.77%
Number of Units
4
Occupancy
97.0%
Price/Unit
$406,250
Price/Gross SF
$449.14
Gross SF
3,618

Investment Overview

THG Multifamily, as the exclusive listing agent, is pleased to present 1215 Neola (the “Property”), a 4-unit partially-renovated asset located in Eagle Rock– an upscale, trendsetting Eastside neighborhood which boasts an affluent tenant base, easy accessibility to major employment hubs, “hip” boutiques, and cutting-edge restaurants. Strategically located between Downtown LA, Glendale, and Pasadena, 1215 Neola provides residents access to an immaculate array of lifestyle amenities on the Eastside and Downtown LA. Additionally, residents benefit from the Property’s ideal location which is immediate to major employment hubs that feature industry giants such as JPL-NASA, Deloitte, Disney, Kaiser Permanente, Caltech, and more. The mounting demand for luxury housing as a result of the region’s growth combined with the upgraded unit interiors ideally situate 1215 Neola as a highly sought-after offering poised to deliver above average rent growth and appreciation.

Investment Highlights

  • Located in the Trend Setting Eastside Neighborhood of Los Angeles
  • Already Renovated Units Boast an Incredible Attention to Detail.
  • Units feature luxury vinyl flooring, a modern paint scheme, upgraded bathroom and kitchen hardware, custom quartz countertops, modern lighting fixtures, & more.

Exclusively Listed By

Listing Price: $1,625,000

Cap Rate
4.77%
Number of Units
4
Occupancy
97.0%
Price/Unit
$406,250
Price/Gross SF
$449.14
Gross SF
3,618

Investment Highlights

  • Located in the Trend Setting Eastside Neighborhood of Los Angeles
  • Already Renovated Units Boast an Incredible Attention to Detail.
  • Units feature luxury vinyl flooring, a modern paint scheme, upgraded bathroom and kitchen hardware, custom quartz countertops, modern lighting fixtures, & more.

Investment Overview

THG Multifamily, as the exclusive listing agent, is pleased to present 1215 Neola (the “Property”), a 4-unit partially-renovated asset located in Eagle Rock– an upscale, trendsetting Eastside neighborhood which boasts an affluent tenant base, easy accessibility to major employment hubs, “hip” boutiques, and cutting-edge restaurants. Strategically located between Downtown LA, Glendale, and Pasadena, 1215 Neola provides residents access to an immaculate array of lifestyle amenities on the Eastside and Downtown LA. Additionally, residents benefit from the Property’s ideal location which is immediate to major employment hubs that feature industry giants such as JPL-NASA, Deloitte, Disney, Kaiser Permanente, Caltech, and more. The mounting demand for luxury housing as a result of the region’s growth combined with the upgraded unit interiors ideally situate 1215 Neola as a highly sought-after offering poised to deliver above average rent growth and appreciation.

Exclusively Listed By

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