This exceptional investment opportunity in East Hollywood offers approximately 33% rental upside potential, allowing investors to unlock significant value by aligning rents with market rates. Situated just three blocks north of Santa Monica Boulevard on La Mirada Ave, the property benefits from a prime location with easy access to Hollywood's top dining, shopping, and entertainment options. Additionally, its designation within a Qualified Opportunity Zone provides substantial tax incentives, making it an attractive long-term hold. Adding to its appeal, the property is surrounded by world-renowned entertainment studios, ensuring strong demand from industry professionals. Netflix HQ, located just a block away, is a major employer with nearly 14,000 employees, while Paramount Pictures, Universal Studios, Warner Bros., and Walt Disney Studios are all within a few miles. With Hollywood's thriving rental market and this property's strategic positioning, investors have a rare opportunity to establish a strong foothold in one of Los Angeles' most sought-after submarkets.
Days on market: 8
Listing updated: April 10, 2025 - 12:20:04
Listed by: Saadia 'Sam' Liberow DRE #01933858 818-212-2700, Marcus & Millichap - CLAW
Source: CLAW, MLS#: CLW-X75151 Originating MLS: CRMLS
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