Description

Annual rent income will be $720,000, gross profit will be about 9%. Excellent Master Lease opportunity for Investors! This is a brand new Co-Living building constructed in 2025, with 32 bedrooms all with Private En-suite Bathrooms spread across 3 large modern units. Each bedroom can be rented for $1,875 a month. The first unit is 3 stories with 10 bedrooms & 10 ensuite bathrooms, washer/dryer on each floor, and the common kitchen is located on the second floor. The second unit is 3 stories with 18 bedrooms with 18 ensuite bathrooms with one shared kitchen. The third unit can be rented out completely by one family since it is single-story and offers 4 bedrooms with 4 ensuite bathrooms plus an additional ADA compliant bathroom. The bedrooms provide tenants with utmost privacy and comfort with their own Private En-Suite bathrooms, central air conditioning, washer dryer laundry on each floor, full closets, shared kitchens and living rooms! This co-living environment is perfect for young professionals, students, and anyone looking for an affordable living situation in an upscale brand new building. This is one of the newest buildings completed in 2025 located walking distance to Netflix headquarter and near the Walk of Fame, TCL Chinese Theatre, Hollywood Bowl, Sunset Boulevard &Hollywood Nightlife , Downtown Los Angeles, and everything else Los Angeles has to offer. This is a great opportunity for housing groups specializing in student housing, young professionals entering the workforce, corporate housing, healthcare assisted living, transition and affordable housing. This is a great property for all types of tenants. Tenants will enjoy all the benefits of modern living in a prime area of Hollywood near the 110 Fwy. Open to all Master Lease options looking to rent all 32 bedrooms with a reputable housing company. Currently a Master Lease with the government Program is pending. If you are interested in purchasing this property, please send your offer and POF to the listing agent’s email.