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The Palms 1959 Grace Ave 35 Unité Immeuble d’appartements 11 821 800 $ CAD (337 766 $ CAD/Unité) 5,94% Taux de capitalisation Los Angeles, CA 90068
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Faits saillants de l'investissement
- 1st Time to be Sold in Over 38 Years!
- Excellent Unit Mix offering Studio, 1 & 2 Bedroom Units
- On Site Parking, Swimming Pool & Laundry Facility for Tenants
- Rare Classic Mid Century Model Style Property
- 41 Parking Spots - Over a 1:1 Parking to Unit Ratio
- Large 24,143 SF Corner Lot
Résumé de l'annonce
1959 Grace Avenue presents the opportunity to acquire a multifamily asset in the Hollywood Hills submarket of Los Angeles, an area known for its proximity to major employment centers, entertainment industry hubs, and some of the city's most recognizable destinations. Situated north of Hollywood Boulevard and near the Hollywood Freeway (US-101), the property benefits from convenient access to Hollywood, Studio City, Burbank, Downtown Los Angeles, and the broader San Fernando Valley.
The property is positioned within an established residential neighborhood characterized by a mix of multifamily and residential development. Residents benefit from proximity to major entertainment employers, production studios, dining destinations, retail amenities, and cultural attractions throughout Hollywood and the surrounding area. Nearby destinations include the Hollywood Bowl, Hollywood & Highland district, Runyon Canyon, and numerous employment centers tied to the entertainment, media, and creative industries.
The central location provides connectivity to regional transportation corridors and public transit options, supporting accessibility throughout Los Angeles County. Continued demand for housing in the Hollywood area, combined with limited land availability and proximity to major employment concentrations, has contributed to the long-term appeal of residential investment properties in the surrounding market.
For investors seeking an asset within one of Los Angeles' most established urban residential submarkets, 1959 Grace Avenue offers a location supported by strong neighborhood amenities, regional accessibility, and access to major economic drivers throughout the city.
The property is positioned within an established residential neighborhood characterized by a mix of multifamily and residential development. Residents benefit from proximity to major entertainment employers, production studios, dining destinations, retail amenities, and cultural attractions throughout Hollywood and the surrounding area. Nearby destinations include the Hollywood Bowl, Hollywood & Highland district, Runyon Canyon, and numerous employment centers tied to the entertainment, media, and creative industries.
The central location provides connectivity to regional transportation corridors and public transit options, supporting accessibility throughout Los Angeles County. Continued demand for housing in the Hollywood area, combined with limited land availability and proximity to major employment concentrations, has contributed to the long-term appeal of residential investment properties in the surrounding market.
For investors seeking an asset within one of Los Angeles' most established urban residential submarkets, 1959 Grace Avenue offers a location supported by strong neighborhood amenities, regional accessibility, and access to major economic drivers throughout the city.
Faits sur la propriété
| Prix | 11 821 800 $ CAD | Style d’appartement | De faible hauteur |
| Prix par unité | 337 766 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,57 AC |
| Taux de capitalisation | 5,94% | Taille du bâtiment | 23 776 pi² |
| Multiplicateur du loyer brut | 10.37 | Nombre d’étages | 2 |
| Nombre d’unités | 35 | Année de construction | 1962 |
| Type de propriété | Immeuble residentiel | Ratio de stationnement | 1,72/1 000 pi² |
| Sous-type de propriété | Appartement | ||
| Zonage | LARD1.5 - Restricted Density Multiple Dwelling | ||
| Prix | 11 821 800 $ CAD |
| Prix par unité | 337 766 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 5,94% |
| Multiplicateur du loyer brut | 10.37 |
| Nombre d’unités | 35 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,57 AC |
| Taille du bâtiment | 23 776 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1962 |
| Ratio de stationnement | 1,72/1 000 pi² |
| Zonage | LARD1.5 - Restricted Density Multiple Dwelling |
Commodités
Commodités des unités
- Balcon
- Chauffage
- Cuisine
- Fourchette
Commodités du site
- Recyclage
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| Studios | 6 | - | 550 |
| 1+1 | 21 | - | 650 |
| 2+1.5 | 2 | - | 900 |
| 2+2 | 6 | - | 900 |
Moyennement accessible à pied
70/100
Très bien adapté aux voitures
80/100
Bons transports en commun
60/100
Plutôt accessible en vélo
40/100
Impôts fonciers
| Numéro de lot | 5575-005-026 | Évaluation des bâtiments | 1 939 573 $ CAD |
| Évaluation du terrain | 4 530 219 $ CAD | Évaluation totale | 6 469 792 $ CAD |
Impôts fonciers
Numéro de lot
5575-005-026
Évaluation du terrain
4 530 219 $ CAD
Évaluation des bâtiments
1 939 573 $ CAD
Évaluation totale
6 469 792 $ CAD
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The Palms | 1959 Grace Ave
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