632 N Windsor Blvd.

Offering Highlights

  • Offer Price:

    $1,600,000

  • Price/SF:

    $441.62

  • Price/Unit:

    $400,000

  • Units:

    4

  • Net Reantable Area:

    3,623

  • Cap Rate:

    4.55%

  • GRM:

    14.82

  • Status:

    Active

The Liberow Group of Marcus & Millichap is pleased to present 632 N Windsor Blvd, a 4-unit apartment building located in prime Hollywood, just south of Melrose Blvd and east of Highland Blvd.

Built in 1931, this two-story multifamily property sits on a 4,794 SF lot and offers 3,623 of rentable SF, which is divided amongst four (4) very spacious one bedroom/one bathroom apartments; additionally, four (4) enclosed garages are provided for parking and/or storage.

In addition to the spacious floor plan, all interiors feature hardwood flooring and in-unit washer and dryers. Furthermore, one specific unit has been beautifully renovated and will be vacant at the close of escrow, presenting a perfect opportunity for an owner/user looking to live on the premises, or for an investor looking for a stabilized asset with upside potential.

With a Walk Score of 83 and situated four (4) blocks east of Larchmont Village, tenants are within close proximity to several popular restaurants, bars, and clubs, in addition to having convenient access by car to popular tourist destinations such as the Kodak Theatre, Hollywood Walk of Fame, and the World Famous Sunset Strip.

Investment Highlights:

Location: This property is located in the heart of Hollywood in a strong rental area, just four blocks away from Larchmont Village. Furthermore, schools rated at 8.6/10 sit within a 2-mile radius according to Greatschools.org.

Large and Spacious Floor Plans: All units average +/- 905 square feet and offer spacious and comfortable living.

Property Upgrades: Interiors feature hardwood floors, in-unit washer and dryers, beamed ceilings, and French windows. Four (4) enclosed private garages are also provided for storage or garage use.

Owner-User Possibility: One extensively remodeled unit will be vacant, creating an excellent opportunity for an owner looking to live on premises.

Value-Add: Exceptional rental upside opportunity upon unit turnover.

Exclusively listed by:

Sam Liberow
Senior Vice President Investments
Direct: 818-212-2795
Cell: 718-406-3128
SLIBEROW@MARCUSMILLICHAP.COM

CA: 01933858

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