Hobart Continental Apartments
“WALKER’S PARADISE” WITH A WALK SCORE OF 90
GREAT STREET PRESENCE: 200 FEET OF FRONTAGE ON HOBART BOULEVARD
2 1⁄2 BLOCKS FROM HOLLYWOOD/WESTERN METRO
LEGACY PROPERTY: FIRST TIME ON THE MARKET IN OVER 20 YEARS
PRICED BELOW REPLACEMENT COST
VALUE-ADD OPPORTUNITY: OVER $400/U/MO IN POTENTIAL RENTAL UPSIDE
HIGHLY AMENITIZED COMMUNITY WITH COURTYARD POOL, ELEVATOR, CONTROLLED ACCESS INTERCOM ENTRY, GATED PARKING AND STORAGE UNITS
95,000± SF OF COMMERCIAL RETAIL DEVELOPMENT CURRENTLY BEING BUILT WITHIN WALKING DISTANCE (CORNER OF SUNSET/WESTERN)
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Multifamily type: | Apartments |
| Price: | $18,000,000 |
| No. of Units: | 62 |
| Year Built: | 1963 |
| Building Size: | 41,397 Sq ft |
| Lot Size: | 30,875.00 Sq ft |
| No. of Stories: | 3 |
| APN: | 5544-017-024 |
| Opportunity Zone: | No |
| Price per unit: | $290,323 |
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