SOLD — Virgil Village, East Hollywood 14-Unit for $2.75M
Sold Price: $2,750,000
Number of Units: 14
Represented Seller & Buyer
4509 Willow Brook Avenue, Los Angeles, CA 90029
David Levine Bramante, in coordination with KW Commercial and Marcus & Millichap, is pleased to present 4509 Willow Brook Avenue, a charming 1920’s 14-unit investment opportunity located in Silver Lake (90029), a burgeoning submarket of Hollywood.
Current ownership has a create a proven concept through interior unit renovations on all 14-units and common area improvements that has created a competitive advantage, allowing the owners to achieve strong market rents. The property, sited on a 10,530 square foot parcel, offers investors a unique and rare opportunity to immediately experience strong and stable income upon acquisition.
All 14-units, which average 630 (+/-) square feet, offer one-bedroom/one-bathroom floor plans and have undergone a major gut-level renovation. Each unit has been completely reimagined through a variety of comprehensive upgrades that include new windows, in-unit washer, and dryers, air conditioning units.