Classic Home - 844 S Holt Avenue

Property Offering

Looking for a rare multifamily investment opportunity in one of L.A.’s most desirable cosmopolitan regions? 844 S. Holt Ave. is your chance to own and operate a classic mid-century building with unlimited upside potential. Nestled between Beverly Hills, Carthay Square/Circle, Beverlywood, West Hollywood, and minutes to Century City and walking distance to the new La Cienega subway station (opening 2024), this ideally located building offers working professional tenants easy access to offices, dining, medical centers, houses of worship and entertainment across greater L.A.

The structure’s classic 1956 mid-century design represents the true golden age of L.A. architectural style and features 6 total units (5 occupied) all renting 50% below market average, offering investors an opportunity to increase their Net Operating Income (NOI) by an astonishing 150%.

Added bonus—with two partially renovated units and three non-renovated units, investors can increase their NOI for decades to come with an easy modern update. Six covered slab parking spaces offer total convenience for tenants, while an on-site coin laundry room and annual oil royalties provide additional passive income.

Entering the market for the first time in 60 years, this well-maintained complex offers several additional perks including a new roof installed in 2017; a walkability score of 88/100; easy access to restaurants and nightlife in neighboring Beverly Hills and West Hollywood, medical centers like Cedar Sinai Hospital and Kaiser Medical, plus freeways and schools including UCLA; lawn and manicured hedges for tenant privacy; casement windows; and a lower crime rate than most parts of L.A. with being just one street over from Beverly Hills proper.

With the L.A. rental market at an all-time high, this perfectly situated building offers investors the ideal opportunity to generate profits on day-1 with limitless ROI potential for decades to come.