5930 Willoughby Ave 5 Unit Apartment Building $2,734,726 CAD ($546,945 CAD/Unit) 6.70% Cap Rate Hollywood, CA 90038

Charming 5 Unit Turn-Key Cash Flow (6.7% CAP RATE) & High End Renovations, Multifamily Investment in Prime Hollywood Location offering benefits from 3.75% interest-only assumable financing fixed through December 2028. Front structure is a Spanish Style 4-Plex that consists of all 1bd1ba casitas. The rear structure is a detached Craftsman Style 2-Story 3b3ba Single Family Residence. There is a detached 5 car garage off the alley, each with brand new automatic garage doors and 1 open parking space in the front driveway, totaling 6 parking spaces. The entire property has undergone a complete rehab with new roof, windows, plumbing, electrical, kitchen/bathroom remodels, tankless water heaters, in unit laundry, hardwood floors, high ceilings, ac/heat, drought tolerant landscaping, exterior lighting, automatic driveway gate, ring cameras, and more! Two of the 1bd1ba units have recently been rented achieving projected market rents and two are vacant. The SFR is also vacant, perfect for an Owner/User and/or Family compound opportunity. Just moments from the iconic Hollywood Strip, major studios, popular restaurants, bars, grocery stores, and the vibrant Larchmont Village. Tenants are responsible for all utilities as RUBS has been set up on the property for water, keeping operating costs low. Conveniently located near Larchmont Village, Hancock Park, Melrose, Fairfax, and West Hollywood. Come see it while its available!