2775 Taft St

2775 Taft St, Hollywood – Rare opportunity to acquire 27 of 36 condominium units within a waterfront building in the heart of Hollywood Hills, offering investors the ability to potentially acquire the remaining units over time. The property is fully occupied and operating at approximately a 6.3% going-in cap rate at the asking price. Features include large oversized units, elevator access, waterfront pool area, ample on-site parking, and strong in-place management. Major recent improvements include a brand-new roof completed in 2025, a new elevator in 2024, and the building successfully passing its 50-year recertification inspection in 2026. Additional upside potential exists through future dock additions, subject to permitting and city approvals. Extremely unique asset in a prime Hollywood location with strong long-term hold potential.