961 N St Andrews Pl, Hollywood, CA 90038

Property Description

NEW CONSTRUCTION FOUR UNIT IN HOLLYWOOD | 5.0 CAP | 15.69 GRM | GREEN CERTIFIED | WARRANTIED |
 
 We are pleased to present another new construction four-unit property. This offering consists of two huge standalone duplexes, with each of the four units averaging four beds, four baths, 1,673 sf. of living space, and two parking spaces. 
 
 As is with all of our properties, Saint Andrews is a warrantied and Green Certified building offering the investor a trouble free and low maintenance investment. The tenants will enjoy private and spacious living in townhome style units with only one common wall, private laundry rooms in each unit, and motorized security gated parking. All units are separately metered for electricity, water, and gas. The common areas utilize a landlord’s fifth water and power meter servicing water-efficient landscape and LED exterior lighting. 
 
 961 N Saint Andrews Place is in a hot pocket of Hollywood located just East of Larchmont Village that is rapidly redeveloping, and in the midst of a substantial increase in value and rents. Much of the buzz over this neighborhood is due the central location and walkability. Within a five minute walk tenants will have access to Paramount Pictures, entertainment at Hollywood Forever and Hollywood Improv, Dining at Baroo, and public transportation. 
 
 Final inspections are underway and completion is expected October 2018.