Investment Overview
Own two income-producing properties sold together for a total of 7 multifamily units on 0.86 acres, offered at $1.4M. This unique portfolio includes 411 Columbus Pkwy and a duplex at 2322 Johnson Street, both successfully operating with long-term tenants and strong upside potential through thoughtful renovations and increasing rents. Investors can continue operating this established multifamily portfolio for immediate cash flow, enhance value through modern updates, or redevelop to maximize density and highest-and-best use. Whether you’re seeking stable income, long-term appreciation, or redevelopment potential, this is a rare opportunity to control nearly an acre in a prime Hollywood location.
Investment Highlights
- Dual-parcel assemblage offering income today and strategic redevelopment upside
- Strong location minutes from I-95 with consistent local renter demand
- RM-18 zoning supports increased density and modern multifamily construction
- Opportunity to reposition, replan, or fully redevelop to maximize long-term value