6650 Leland Way
Hollywood, CA 90028

$3,200,000

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Status Pending
Listing MultiFamily
Style Modern
Year Built 2019
MLS® BB19097261
Original Listing Open Link
MultiFamily For Sale

Property Features
*CAN BE DELIVERED FULLY RENTED AT MARKET RENT OF $17,400!!! The 2-4 Unit Specialists are pleased to present this massively impressive new construction fourplex smack dab in the center of PRIME Hollywood. Located directly off of Sunset Blvd. between Highland and Cahuenga, this gorgeous property is half a mile from the countless destinations the area is famously known for. Cream-of-the-crop tenants will be knocking down the doors to these units, making for quick rentals and offering both a low vacancy rate and a high projected cap rate of 5.04%! 6650 Leland Way is made up of two 3-story duplexes with sweeping views of Hollywood and the LA skyline. Almost every bedroom and balcony has a larger than life view of the Hollywood sign! At a total of 6,319 square feet, each unit is extremely large and has beautifully designed open floor plans, which seem even larger with all of the natural light coming in from the huge windows and skylights. The unit mix consists of two enormous 3 bedroom, 3.5 bathroom units (1,871 SF), and two 2 bedroom, 2.5 bathroom units (1,289 SF). All units come with their own 2-car garage, making for a total of 8 garage parking spots that all walk right unto the units! Aside from the unbeatable location and design, other perks include: high return, a 1-year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters.
Key Features
Lot Size 6, 387.00 acres
Property Type MultiFamily
Year Built 2019
Style Modern
Stories 3.0
Parking Spaces 8-car
Interior Features
Cooling Central A/C
Exterior Features
Lot Size 6, 387.00 acres
Roof Unknown
Parking Spaces 8-car
The Neighborhood
County Los Angeles

Disclaimer: Copyright © 2019 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Interested in this listing?
Listing Agent
Elizabeth Maddox
The 2-4 Unit Specialists
Direct: 818-850-8485
Broker: 818-859-7242
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
Contact
Listing Agent
Elizabeth Maddox
The 2-4 Unit Specialists
Direct: 818-850-8485
Broker: 818-859-7242
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
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Information deemed reliable but not guaranteed. All measurements are approximate. MLS® numbers are provided where available. NewPoint Media Group, LLC is not affiliated or associated with The Canadian Real Estate Association or any other owner of the MLS® word or design mark in any geographic area.