Closed Listing
20 Units in Hollywood @ 12.30 GRM & 4.85% CAP
1760 el cerrito
sold in
Los Angeles
Sold At
$
2,570,000
20
Number of Units
1955
Year Built
14,768
SF
Square Footage
13,382
SF
Lot Size
1760 El Cerrito Pl, Los Angeles, CA 90028
About the Property
Great Hollywood location, above Hollywood Blvd, 1 block east of La Brea
16 gated, secure, on grade parking spaces* Large, bright and spacious units--most with parquet floors
Solar powered water heating (tanks approx 1 yr old)* Large rear patio, swimming pool and roof deck
16 storage units and on-site laundry (leased) w/ room for another washer/dryer
Intercom entry
Approximately 55% UPSIDE IN RENTS
2 Units to be delivered vacant
Most units to be increased by 4% on July 1, 2009
2+2+den is an illegal unit
20
Number of Units
1955
Year Built
14,768
SF
Square Footage
13,382
SF
Lot Size
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$128,500
Price p/ Sq. ft.
$174
Proforma Cap Rate
9.42%
Contact
Sales agent
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