Description

Two (2/2) apartments each containing 1,025 ft.². The property is within walking distance to downtown Hollywood with its retail, dining, and lifestyle assets. The area is also experiencing tremendous gentrification due to the construction of new apartment buildings and retailers. Transportation upside: a proposed station within the neighborhood is advancing through the planning phases and is expected to dramatically enhance property value and connectivity. A 10,259 ft.² lot zoned DH-2 with a 1.75 FAR allows for 17,951 ft.² of new construction. Given the zoning, there may be potential to add value through new construction. By-The-Numbers: Rents: $1550 and $1750/Month | Tenancy; Both units are rented M-T-M providing an immediate upside by bring rent to market ($2,000-$2,250). +++Download OM+

Key Features