3366 Descanso Dr is the finest collection of renovated Silver Lake apartments. Uniquely appointed with high-end finishes for discerning Eastside tenants. The light-filled, open floor plan units feature Cedar and Moss lighting, Schoolhouse hardware, Cle tile, Kohler fixtures, Samsung appliances, central AC/heat, and artistic touches. Ideally located at the top of the painted Descanso Stairway leading you directly onto Sunset Blvd and all neighborhood restaurants, shops, and retail. Each unit comes with an assigned parking space and free washer/dryer use.
The attentive property management team of Figure 8 may also be retained by the Buyer for a completely turnkey, passive income property experience. 6 of the 7 units have been completely remodeled leaving additional room for upside once the last unit is brought to market rent. 4.65% CAP / 16.1 GRM (current). 5.2% CAP / 14.5 GRM (proforma)