1256 North Flores Street

1256 North Flores Street

West Hollywood, CA

13 Units Purchased: February 2002
Purchase Price: $1,570,000
Sold: August 2004
Sale Price: $2,750,000
Levered IRR: 57%
Levered Equity Multiple: 2

North Flores was sold just 30 months after acquisition, realizing a profit of 2X.