This 10-unit multifamily building is located in an extremely desirable area within West Hollywood. The physical property consists of 6,961 leasable SF, well situated on a large 17,926 sf lot. This property currently is 100% occupied with legacy tenants. The units are easy to manage and are well maintained. The property is currently grossing $143,400 per year and is netting $101,173. This net income provides an investor with a strong 4.23% capitalization rate at a current occupancy. All current tenants are month to month which gives an investor the opportunity to increase rental rates to market value.

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Property Details of 1544-1546 Arthur Street

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Brown Harris Stevens