Description
Introducing 1917-1927 Grant St, a prime 9-unit multifamily investment just 2 minutes from Downtown Hollywood's Young Circle. This fully occupied property features two buildings with a desirable unit mix: 1 spacious 2-bed/2-bath, 4 two-bed/1-bath units, 3 one-bed/1-bath units, and a studio, generating $190,000 in annual gross income with a 7%+ cap rate at asking price. Situated on a 16,000 sqft lot zoned for redevelopment (up to 26 units), it offers significant future potential. With its proximity to restaurants, shopping, and the beach, this property is a rare opportunity in a highly sought-after location.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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6,227SQFT
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$313$/SQFT
School Ratings & Info
Description
Introducing 1917-1927 Grant St, a prime 9-unit multifamily investment just 2 minutes from Downtown Hollywood's Young Circle. This fully occupied property features two buildings with a desirable unit mix: 1 spacious 2-bed/2-bath, 4 two-bed/1-bath units, 3 one-bed/1-bath units, and a studio, generating $190,000 in annual gross income with a 7%+ cap rate at asking price. Situated on a 16,000 sqft lot zoned for redevelopment (up to 26 units), it offers significant future potential. With its proximity to restaurants, shopping, and the beach, this property is a rare opportunity in a highly sought-after location.
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