Price Reduction
Address
2330 N Cahuenga Boulevard Los Angeles, CA
Price
$ 12,995,000
Property Attributes
  • MLS#20585830
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaHollywood Hills East
  • Zip90068
  • Style
  • Price$ 12,995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.3 Acres
Listing Provided Courtesy Of:
Benjamin Gribnau with Zacuto Group.
Property Description

*Price Reduced by $500,000***Assumable loan of $7,850,000 at 4% interest only, 2 years remaining ** Cash on cash return = 4.7% with assuming this loan**Zacuto Group is pleased to present the opportunity to acquire a 1987 construction 30 unit multifamily property, which is not subject to Los Angeles Rent Stabilization Ordinance (LA Rent Control). This is a unique opportunity to acquire a well maintained Hollywood asset with significant rental upside and a potential to convert loft space to additional bedrooms (buyer to verify). Property can be delivered with 5 vacant units. The Hillpointe Apartments offers an attractive mix of amenities including central HVAC, in-unit laundry within 21 of the units, an upgraded fitness center, laundry room, common lounge areas, landscaped grounds and gated garage parking. The property is centrally located with fantastic proximity to all the nightlife, concert venues, renowned restaurants, and coffee shops that Hollywood has to offer.

Price History
6/3/2020 Listed $13,500,000
6/11/2020 4% - $12,995,000

General Features

Co-Listing Agent Last Name Jacob
Co-Listing Agent Last Name Zacuto
Co-Listing Agent State License # 01377441
Co-listing Agent Jacob Zacuto - BRE#01377441
Directions 2330 N. Cahuenga Boulevard at Odin Street
Listagentaor Beverly Hills/Greater LA
Listing Agent Benjamin Gribnau - BRE#02069968
Listing Agent State License 02069968
MLS Area C30 - Hollywood Hills East
Source System CRMLS
Special Listing Conditions Standard
Total Units 30
Zoning LARD1.5

Interior Features

Air Conditioning Y/N Yes
Appliances Barbecue, Dishwasher, Microwave, Refrigerator
Appliances Y/N Yes
Cooling Central Air
Heating Central
Heating Y/N Yes
Interior Features Elevator, Intercom, Recessed Lighting
Laundry Features Community
Laundry Y/N Yes
Total Stories 4

Exterior Features

Garage Spaces 55.00
Lot Size Acres 0.3000
Lot Size Area 13156.0000
Lot Size Source Assessor
Lot Size Square Feet 13156.00
Lot Size Units Square Feet
Number of Buildings 1
Total Parking 55.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90068

Price
AVG $3.25M
$13M
Visits
AVG 24
82
Year Built
AVG 1940
1987
Walkscore
AVG 69
70
Data Provided by Walkscore ® not using MLS data

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