Multifamily

330 S Willaman Dr

330 S Willaman Dr, Los Angeles, CA 90048

Listing Price: $6,050,000

Cap Rate
2.74%
Number of Units
12
Price/Unit
$504,167
Price/Gross SF
$501.24
Gross SF
12,070

Investment Overview

Marcus and Millichap, as the exclusive listing agents are pleased to present the opportunity to acquire 330 South Willaman Drive, a 12-unit multifamily investment opportunity located in the supply constrained 90048 zip code of Los Angeles, CA. The property features 12,070 square feet of gross rentable area, situated on a 7,153-square foot corner lot. Built in 1948 and designed by renowed architect Paul R. Williams who designed the homes of numerous celebrities including Frank Sinatra, Lucille Ball and Desi Arnaz, and many more. Paul R. Williams also designed many public and private buildings throughout Southern California. The 12-unit building is composed of all one-bedroom/one-bathroom units. In addition the building has been well-maintained and offers on-site gated parking for tenants. Due to the property’s premier location and rental upside, 330 South Willaman Drive offers a unique opportunity to any investor looking to acquire a well-maintained asset in Los Angeles, CA.

Investment Highlights

  • Charming 1940's Construction
  • Designed by Renowned Architect Paul R. Williams who Designed the Homes of Numerous Celebrities Including Frank Sinatra, Lucille Ball and Desi Arnaz, and Many More!
  • Excellent Unit Mix Composed of all One-Bedroom Units!
  • Spacious Units Averaging Over 1,000-Square Feet Each!
  • Sits Just Outside of the City of West Hollywood and Beverly Hills; Offering a High Rental Demand Area but not Restricted to West Hollywood or Beverly Hills Rent Control Law.
  • Walkscore.com Rates 330 South Willaman Drive a Walker's Paradise; Daily Errands do not Require a Car.

Exclusively Listed By

  • Tony Azzi

    Executive Managing Director Investments

    (310) 909-5454

    Email Tony

    License(s): CA: 00910513, CA: 01325569

    West Los Angeles

Listing Price: $6,050,000

Cap Rate
2.74%
Number of Units
12
Price/Unit
$504,167
Price/Gross SF
$501.24
Gross SF
12,070

Investment Highlights

  • Charming 1940's Construction
  • Designed by Renowned Architect Paul R. Williams who Designed the Homes of Numerous Celebrities Including Frank Sinatra, Lucille Ball and Desi Arnaz, and Many More!
  • Excellent Unit Mix Composed of all One-Bedroom Units!
  • Spacious Units Averaging Over 1,000-Square Feet Each!
  • Sits Just Outside of the City of West Hollywood and Beverly Hills; Offering a High Rental Demand Area but not Restricted to West Hollywood or Beverly Hills Rent Control Law.
  • Walkscore.com Rates 330 South Willaman Drive a Walker's Paradise; Daily Errands do not Require a Car.

Investment Overview

Marcus and Millichap, as the exclusive listing agents are pleased to present the opportunity to acquire 330 South Willaman Drive, a 12-unit multifamily investment opportunity located in the supply constrained 90048 zip code of Los Angeles, CA. The property features 12,070 square feet of gross rentable area, situated on a 7,153-square foot corner lot. Built in 1948 and designed by renowed architect Paul R. Williams who designed the homes of numerous celebrities including Frank Sinatra, Lucille Ball and Desi Arnaz, and many more. Paul R. Williams also designed many public and private buildings throughout Southern California. The 12-unit building is composed of all one-bedroom/one-bathroom units. In addition the building has been well-maintained and offers on-site gated parking for tenants. Due to the property’s premier location and rental upside, 330 South Willaman Drive offers a unique opportunity to any investor looking to acquire a well-maintained asset in Los Angeles, CA.

Exclusively Listed By

  • Tony Azzi

    Executive Managing Director Investments

    (310) 909-5454

    Email Tony

    License(s): CA: 00910513, CA: 01325569

    West Los Angeles

MM Texture Background
MM Textured Background Lower