6666 Yucca Street,  Hollywood  (90028)

$7,950,000

0 bedrooms 0   0 bathrooms 0   11915 square feet 11,915
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PROPERTY DETAILS

Address: view address
Hollywood, CA 90028
Map Location
Features: Multi-level
Square Feet:11,915 sq.ft.Lot Size:0.35 acres
Year Built:1955Property Type:Apartment
County:Los AngelesList Date:2021-07-12
Listing Number:AR21152034Virtual Tour:Click Here

PROPERTY DESCRIPTION

HOLLYWOOD YUCCA GARDENS, a 20-unit garden style semi-value-add apartment investment opportunity located in the heart of Hollywood, CA. The property is a block away from the world renown Hollywood Blvd and literally within walking distance to the some of the most iconic Hollywood destinations such as El Capitan Theatre, Word Famous Hollywood Walk of Fame, TCL Chinese Theatre, Hollywood & Highland, Amoeba, Netflix, Madame Tussauds Hollywood, Equinox, Arclight, and much more! This opportunity provides rare opportunity for an astute investor to own a pride-of-ownership and beautifully upgraded apartment building in one of the best locations in Greater Los Angeles Area. Because of this extremely great location, it has a Walk Score 97 out of 100, demonstrating a ''WALKER's PARADISE" location. The property is an attractive two-story garden style community with that was built in 1955 with +11,915 SF building size and situated on a +15,318 SF lot size. It has excellent curb appeal with a beautiful center courtyard. The property has been completely upgraded in 2019 (new plumbing, new electrical, new landscaping, new paint throughout, new windows, new gate & entry, etc.)It offers an attractive unit mix of two (2) 2bed+2bath, fourteen (14) 1bed+1bath, and four (4) Studio units. Each unit is large and functional with upgrades throughout. Each unit has luxury wood plank flooring, new kitchen (quartz countertops, new modern kitchen cabinets, new range oven, microwave), new bathroom (new tub, new vanity cabinets), in-unit washer and dryer, new lighting fixtures, windows A/C in living room and each bedroom. The building has secured entrance with gated parking and security camera system installed. All the windows have been upgraded to dual pane windows, new landscaping throughout. The property is separately metered for electricity. New owner does not have to spend large amount of capital for tenant buyouts and unit upgrades. The property offers 18 open space parking (no soft story parking retrofit is required) and is served by master water heater. The property is located on a quiet residential street on Yucca St and Cherokee St. It is crossing the iconic Hollywood Blvd which provides superb amenities to tenants. It has a walk score of 97. It is within walking distance to many iconic Hollywood attractions. It offers easy access to public transportation on Hollywood Blvd and Metro Station (Hollywood & Highland station), and minutes from FWY 101.

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Community information and market data Powered by Onboard Informatics. Copyright ©2021 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2021 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2021 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listing courtesy of: Handoko Chen of GIG Real Estate Inc. (CA DRE #01749321)