5833 Gregory Ave. Los Angeles, CA. 90038

Jun 19

$1,525,000 Sales Price

10
Units

6,574
Sq Ft

The Rockwell Group of Fred Leeds Asset Group, as the exclusive listing agent is pleased to present the opportunity to acquire 5833 Gregory Avenue, a 10-unit multifamily investment opportunity located in, Hollywood, CA.

The property currently features 6,574 square feet of gross rentable area, situated on a 6,500-square foot lot. The 10-unit building is composed of 2 two-bedroom/one-bathroom units, 6 one-bedroom/one-bathroom units and 2 studio/one-bathroom units. The building is well-maintained and offers gated parking for tenants. The property is situated in one of the trendiest locations in Los Angeles, sitting just North of Melrose Ave, sandwiched between Vine Street and Gower Street. This prime location offers a tremendous amount of dining, shopping and entertainment destinations in walking distance to the property, while being a short commute of major employment centers such as West Hollywood, Hollywood, and Koreatown.

5833 Gregory Avenue offers tenants excellent proximity to some of Los Angeles’ finest amenities such as the Sunset Strip, Wilshire Country Club, Melrose Avenue, Restaurants on La Brea, the world renowned shopping center, The Grove and others. Nearby grocers include Trader Joe’s, Pavilions and Sprouts. Local dining options include Alfalfa, Osteria, Great White, Ramen Melrose, The Common Good, Stir Crazy and many more.

Due to the property’s premier location, 5833 Gregory Avenue offers a unique opportunity to any investor looking to acquire a well-maintained asset in the heart of Central Hollywood.