Overhill Apartments
6006 Overhill Drive, Windsor Hills CA, 90043
$1,798,000
Suggested Price
4.52% (Proforma)
Cap Rate
 
 
5
Number of Units
5
Private Garages
 
 

OVERVIEW
  • First time on the market in over 41 years.
  • Current rents are substantially below market rent, providing tremendous rental income upside for the Buyer.
  • More upside revenue potential with the Laundry Room. Currently, there the laundry machines are free of charge to the tenants.
  • Rare private garages for each tenant.
  • Only 10 miles to Century City.
  • Only 9.5 miles to West Hollywood.
  • Only 9.4 miles to Beverly Hills.
  • Only 9.6 miles to Venice Beach.
  • RECENT IMPROVEMENTS: All new garage doors installed April 2024. New roof installed March 2018. Upgraded electrical panel and system (pending).
  • Windsor Hills, CA is an exclusive area and well-established residential neighborhood known for its tree-lined streets and upscale homes.
  • The property is located near major transportation arteries, including the I-405 freeway, providing convenient access to other parts of Los Angeles.
  • Nearby amenities include the Baldwin Hills Crenshaw Plaza, a popular shopping center with a diverse range of retail stores and dining options.
  • The property is in close proximity to Kenneth Hahn State Recreation Area, offering residents opportunities for outdoor activities such as hiking, picnicking, and sports.
  • Windsor Hills is known for its strong sense of community, with local events and gatherings that contribute to a vibrant neighborhood atmosphere.
  • The neighborhood offers a mix of residential and commercial properties, with businesses like restaurants, boutique shops, and professional services in the vicinity.
  • The property is situated within close proximity to several schools, parks, and community centers, making it an attractive location for families and individuals seeking a vibrant community setting.
FOR MORE DETAILS CONTACT
John Gessford
Director
(949) 930-6292
jgessford@gmail.com
Lic: 01137479