Investment Opportunity in Hollywood Under $700K

Investment Opportunity in Hollywood Under $700K 1

For our investor clients, there’s a rare opportunity at the elite W Residences Hollywood for a condo under $700,000. This is a 1 bedroom priced at only $675,000 with an 18 month lease in progress at $4250 per month. Great income and to add to this, the seller is paying 9 months of HOA dues for the new owner.

Located in the epicenter of all things entertainment, neighbors include the famous Pantages Theatre, Capitol Records and Cinerama Dome to name a few. Besides that, tons of shops and restaurants nearby including our favorite Cleo at The Redbury Hotel. Additionally, for the Equinox enthusiast, there’s a new one a block away. It’s brand new and a fab way to work out from what we hear.

More highlights of this condo include brand new wide plank hardwood flooring, two sliding glass entries to the terrace space, upscale Poliform cabinetry & a large laundry room. We don’t know about you, but proper laundry room spaces make us happy & they’ll make your tenants happy too. Besides all these highlights, the amenities are the major star of this building. From the security, concierge and screening room to the 1/2 acre resident only rooftop park, these only scratch the surface of living at this prime Hollywood residence. Another reason why this building continues to be in such high demand. Again, asking price is only $675,000 and it’s ready to move. #ContactTheLab.

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