Rosano Partners is pleased to present this opportunity to acquire an eight-unit apartment in East Hollywood. Built in 1953, this two-story apartment is comprised of eight 1Bed/1Bath units, as well as parking in front and rear of the building. The property is individually metered electric and gas, has storage lockers, and features an electronic security gate. The roof was replaced and copper plumbing was completed in 2008. Six units have been recently renovated with hardwood, kitchen granite countertops, windows, appliances, and new bathrooms.

Location Description:

Conveniently located in East Hollywood, this 8-unit property provides easy access to the Hollywood and all around Los Angeles. Located just two blocks south of Sunset Blvd, tenants can easily access public transportation including both local and Metro bus lines and the Expo Metro line. The property is centrally located to Hollywood, Silverlake, Downtown, and Glendale. The 101 Freeway is just several blocks away. With shopping, dining

and entertainment all within a short drive, tenants will enjoy all the area has to offer.

Highlights:

>> $5k in gated parking

>> Additional laundry income

>> 20% below-market rents

>> Individually metered electric and gas

>> 8 on-site parking spots

>> $180k in renovations

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