*Financial Metrics* – 5.00% in-place Cap Rate with potential to reach 6.54% post-ADU conversion and 17% average annual return. *Property Features* – 8 units with 3 current vacancies, completed seismic retrofit, and potential for 3 additional ADUs. *ADU Potential* – 2 ADUs are RTI, and there is potential to add a third ADU. *Location Benefits* – Centrally located near the NoHo Arts District, Red/Orange Metro Line, and upcoming mixed-use developments. *Capital Improvements* – New paint, electrical panels, breakers, security cameras and landscaping, over $100K in capital expenditures. *Walk Score* – Very walkable neighborhood with a 72 Walk Score–most errands can be done on foot.

Listing courtesy of Kelly Morgan of Houze Real Estate Management

Based on information from the The MLS as of 2025-08-15 01:48 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.