4443 Willow Brook Avenue, Los Angeles, CA 90029

4443 Willow Brook Avenue, a 12-unit bungalow-style property located blocks from Los Angeles City College and Sunset Junction, and adjacent to Silver Lake. The property consists of five structures and has an ideal unit mix with all one-bedrooms; all 12 units have undergone modern interior renovations with recessed lighting, new flooring, stainless-steel appliances, washers and dryers, and updated bathrooms. There is a secure, gated entrance leading into a well-kept common area courtyard and the building is separately metered for gas and electricity. Eight of the units also have private outdoor space. This unique investment has 1920’s Hollywood Charm and is an opportunity for an investor to purchase a passive investment with strong in-place cash flow. At the asking price the property is being offered at a 5.85% CAP rate and 11.94 GRM on current income. There is also potential to further increase income by adding ADU’s (buyer to verify). Residents benefit from access to the 101 Freeway which is an easy commute to Hollywood, Los Feliz, Silver Lake, Echo Park, and Koreatown. 4443 Willow Brook Avenue has an excellent walk score of 92 and is near the Metro B Rail Line at the Vermont/Santa Monica station and multiple metro local lines along Santa Monica Blvd and N Vermont Ave. It is located close to many high-profile retail amenities in East Hollywood and Silver Lake such as Erewhon on Santa Monica Blvd, Sqirl, and KinKan LA, among many others.