710-714 N Van Ness Ave 8 Unit Apartment Building $4,709,816 CAD ($588,727 CAD/Unit) 5.37% Cap Rate Los Angeles, CA 90038

This charming mixed-use asset in a prime Hollywood location directly across from Paramount Studios features a desirable unit mix of four studio (0+1) units, four one-bedroom (1+1) units, and four ground-floor commercial spaces. The property consists of two separate buildings, offering a flexible layout and operational efficiency, and includes on-site laundry along with dedicated parking for the retail spaces. Ideally positioned in the heart of the Hollywood media and entertainment corridor, the property is just minutes from major employers such as Netflix Hollywood and Sunset Gower Studios. With excellent walkability, strong visibility along a high-traffic corridor, and a supply-constrained submarket, the asset benefits from consistent demand and features a well-balanced unit mix that is highly attractive for long-term renters seeking an urban infill location.