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$ 3,500,000
Est. payment | /mo
0.26 Acres Lot
$ 3,500,000
Est. payment | /mo
0.26 Acres Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SB26054326
HOA Y/N No
Year Built 1925
Lot Size 0.263 Acres
Property Sub-Type Apartment
Property Description
Iconic Hollywood property, The Navarre Apartment community, a rare investment opportunity featuring a 20 unit, two story building with a unit mix of 16 studios and 4 one bedroom/one bath units. Built in 1925, this charming historic residential building retains original fixtures and timeless architectural style, with features such as crown molding, classic details, and original hardwood floors in select units. A true Hollywood survivor that celebrated 100 years in 2025, the property offers well kept units full of character. The building operates at an attractive 5.5% cap rate and includes community laundry facilities, on-site first come first serve parking spaces (13), and individual electric and gas meters. Located in a high demand Hollywood rental market, it presents an ideal opportunity for investors seeking stable income in a classic Los Angeles asset. Location Highlights: Just minutes from Hollywood and the natural beauty of Griffith Park, nearby Los Feliz blends classic Los Angeles charm with a vibrant creative culture. Known for its tree lined streets, historic architecture, and walkable corridors along Vermont and Hillhurst Avenues, the neighborhood attracts artists, filmmakers, and longtime residents alike. With easy access to Griffith Park, local cafés, shops, and major freeways, it offers a rare balance of urban energy, history, and community.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Hiking, Street Lights, Sidewalks
Total Parking Spaces 13
Private Pool No
Building
Lot Description 16-20 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5544006044
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by Tamas Batyi Compass 323-236-6450, DRE #02053534
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