Average square foot calculated using Size range provided by listing agent.
Description
Rare opportunity to acquire this fully occupied 8-unit apartment building in the heart of Downtown Hollywood at 2237 Taylor St. The property features seven spacious 2-bed/2-bath units and one oversized 1-bed/2-bath unit — each approximately 860 sq ft, offering exceptional living space. Fully renovated with brand-new flooring, kitchens, appliances, bathrooms, fresh paint, impact windows and doors, a 2017 roof, and PVC plumbing throughout. Generates a current NOI of $133, 000, providing an attractive 7%+ cap rate from day one. Situated on an oversized 20, 000 sq ft lot with ample parking and redevelopment potential for approximately 37 units. Walking distance to Young Circle, restaurants, and bars, and just a few minutes’ drive to the beach — an unbeatable investment in a high-demand area.Show Description
MLS® NumberA11826032
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1979
Basement
Driveway
Garage Spaces
HeatCentral
A/CCentral Air
Heating Fuel
Extras
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