7200 Hollywood Blvd, Los Angeles, CA 90046

7200 Hollywood Blvd. is a forty-four (44) unit multi-family property located on the corner of N. Formosa Avenue and Hollywood Blvd. The property consists of four (4) bachelors, twenty-five (25) studios and fifteen (15) 1 BR + 1 Bath units. The apartment building comes with gated parking and a courtyard with a pool. The current rents are below market with approximately 35% upside in its current rents. The property is within a 1/2 mile of the famous El Capitan Theatre and Roosevelt Hotel. The property can be purchased individually as a stand alone 44 unit property, or as part of the four (4) property Hollywood Blvd. portfolio; 7504 Hollywood Blvd., 7407 Hollywood Blvd., and 7451 Hollywood Blvd.