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Multifamily

2108 Tavern Trail

2108 Tavern Trail, Los Angeles, CA 90046

Listing Price: $1,400,000

Cap Rate
3.07%
Number of Units
2
Price/Unit
$700,000
Price/Gross SF
$854.70
Gross SF
1,638

Investment Overview

Marcus and Millichap, as the exclusive listing agent is pleased to present the opportunity to acquire 2108 Tavern Trail, a two-unit multifamily investment opportunity located in the supply constrained 90046 zip code of Los Angeles, CA. The property features 1,638 square feet of gross rentable area, situated on a 2,971-square foot lot. The two-unit building is composed of one two-bedroom/one-bathroom unit and one two-bedroom/two-bathroom unit. The property is situated in one of the trendiest locations in Los Angeles, sitting just off of east of Laurel Canyon Boulevard and north of Hollywood Boulevard. This prime location offers a tremendous amount of dining, shopping, entertainment and hiking destinations in walking distance to the property, while being a short commute of major employment centers such as Century City, Beverly Hills, Hollywood, and Downtown Los Angeles. 2108 Tavern Trail offers tenants excellent proximity to some of Los Angeles’ finest amenities such as the Beverly Center, Pacific Design Center, Melrose Avenue, the Sunset Strip, Restaurant Row on La Cienega, the world renowned shopping center, The Grove, LA County Museum of Art (LACMA) and others. Nearby grocers include Trader Joe’s, Whole Foods Market and Bristol Farms. Local dining options include E.P. & L.P, Fig & Olive, Taste on Melrose, Rosaline, Crossroads Kitchen, The Nice Guy and more. Due to the property’s premier location and rental upside, 2108 Tavern Trail offers a unique opportunity to any investor looking to acquire a well-maintained asset in Los Angeles, CA.

Investment Highlights

  • Unique Opportunity to Own an Investment Property with Long-Term Potential.
  • Two Units Prime West Hollywood Adjacent!
  • Located in the City of Los Angeles, but Benefits From West Hollywood Adjacent Location!
  • Excellent Units Composed of Two Two-Bedroom Units with In-Suite Washer/Dryer - Well Suited for Today's Market!
  • Renovations Include: Newer Concrete Foundation, Copper Plumbing, Smooth Drywall, New Flooring, Windows, High End Appliances, New Electrical Wiring, Recessed Ceiling Lights, Granite Counter Tops, Cabinetry, and Name Brand Appliances.

Exclusively Listed By

Financing By

Listing Price: $1,400,000

Cap Rate
3.07%
Number of Units
2
Price/Unit
$700,000
Price/Gross SF
$854.70
Gross SF
1,638

Investment Highlights

  • Unique Opportunity to Own an Investment Property with Long-Term Potential.
  • Two Units Prime West Hollywood Adjacent!
  • Located in the City of Los Angeles, but Benefits From West Hollywood Adjacent Location!
  • Excellent Units Composed of Two Two-Bedroom Units with In-Suite Washer/Dryer - Well Suited for Today's Market!
  • Renovations Include: Newer Concrete Foundation, Copper Plumbing, Smooth Drywall, New Flooring, Windows, High End Appliances, New Electrical Wiring, Recessed Ceiling Lights, Granite Counter Tops, Cabinetry, and Name Brand Appliances.

Investment Overview

Marcus and Millichap, as the exclusive listing agent is pleased to present the opportunity to acquire 2108 Tavern Trail, a two-unit multifamily investment opportunity located in the supply constrained 90046 zip code of Los Angeles, CA. The property features 1,638 square feet of gross rentable area, situated on a 2,971-square foot lot. The two-unit building is composed of one two-bedroom/one-bathroom unit and one two-bedroom/two-bathroom unit. The property is situated in one of the trendiest locations in Los Angeles, sitting just off of east of Laurel Canyon Boulevard and north of Hollywood Boulevard. This prime location offers a tremendous amount of dining, shopping, entertainment and hiking destinations in walking distance to the property, while being a short commute of major employment centers such as Century City, Beverly Hills, Hollywood, and Downtown Los Angeles. 2108 Tavern Trail offers tenants excellent proximity to some of Los Angeles’ finest amenities such as the Beverly Center, Pacific Design Center, Melrose Avenue, the Sunset Strip, Restaurant Row on La Cienega, the world renowned shopping center, The Grove, LA County Museum of Art (LACMA) and others. Nearby grocers include Trader Joe’s, Whole Foods Market and Bristol Farms. Local dining options include E.P. & L.P, Fig & Olive, Taste on Melrose, Rosaline, Crossroads Kitchen, The Nice Guy and more. Due to the property’s premier location and rental upside, 2108 Tavern Trail offers a unique opportunity to any investor looking to acquire a well-maintained asset in Los Angeles, CA.

Exclusively Listed By

Financing By

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