Madison Lofts 100% Leased Creative Commercial

Price: $4,800,000

Cap Rate: 6.04%

Occupancy: 100%

Location: Silver Lake / Virgil Village - Los Angeles, CA

BLVD Real Estate Investment Co., Inc. is pleased to offer for sale, the fee simple interest in Madison Lofts, a recently renovated and fully occupied multi-tenant retail center located within the affluent and exclusive area of Silver Lake / Virgil Village in Los Angeles, CA.

• 100% leased creative commercial building, ideally located on the edge of Silver Lake in Virgil Village
• Seller recently invested $1M+- renovating the property to include new HVAC, plumbing, electrical, flooring, windows, lighting, doors and fixtures
• Each unit has a glass store-front entrance and private back entrance, kitchen hookups and private bathrooms
• Excellent Southern California location in the Silver Lake / Sunset Junction Submarket of Los Angeles, CA
• Steps away from Santa Monica Blvd in East Hollywood and on the edge of Silver Lake, Madison Lofts offers easy access to several popular local amenities.
• Customers and tenants enjoy daily lunch strolls to local coffee bars, restaurants, and shops.
• Infill Location / Extremely Dense - There are over 1,124,056 people living within a 5-mile radius of the property, with over 613,681 employees

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