4509 WILLOW BROOK Avenue, Los Angeles , CA  90029 for $4,000,000 


 

Title of the document

 

Sold Date5/31/2018
Closed

4509 WILLOW BROOK AvenueLos Angeles, California CA90029

Listing ID18310806

8,820 SqFt

$3,800,000

KW Commercial and Marcus Millichap, as exclusive co-listing agents, are pleased to present 4509 Willow Brook Avenue, a charming 1920's 14-unit investment opportunity located in Silver Lake (90029), a burgeoning submarket of Hollywood. Current ownership has a create a proven concept through interior unit renovations on all 14-units and common area improvements that has created a competitive advantage, allowing the owners to achieve strong market rents. The property, sited on a 10,530 square foot parcel, offers investors a unique and rare opportunity to immediately experience strong and stable income upon acquisition. All 14-units, which average 630 (+/-) square feet, offer one-bedroom/one-bathroom floor plans and have undergone a major gut-level renovation. Each unit has been completely reimagined through a variety of comprehensive upgrades that include new windows, in-unit washer, and dryers, air conditioning units. **Please contact listing agent for full Marketing Package.**
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