1110 Oakhurst, Los Angeles CA 90035 | $4,495,000

Pleased to present 1110 S Oakhurst Dr, a 13 unit apartment building located adjacent to Beverly Hills, California. Constructed in 1966, this property features (5) one-bedroom + one-bathroom units, (4) one-bedroom + one-and-a-half-bathroom units with a den, and(4) two-bedroom + two-bathroom units. The building encompasses 13,939 gross square feet and is seton a 9,689-square-foot lot.Situated on a picturesque, tree-lined residential street, 1110 S Oakhurst Dr offers exceptional access to employment opportunities, particularly with the media and technology growth in Hollywood/Miracle Mile. The property is also surrounded by LA's iconic landmarks and dining destinations, such as Rodeo Drive and Century City Mall. Additionally, it provides convenient access to major thorough fares including Olympic Blvd, Pico Blvd, and Robertson Blvd.1110 S Oakhurst Dr represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 4.63% with the ability to improve to a 6.79% CAP rate once units turnover.

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