2407 Johnson St Hollywood, FL 33020
This exceptional investment opportunity presents a charming four-unit apartment building located in the desirable East Hollywood neighborhood of Hollywood, Florida. Built in 1939, this single-story property at 2407 Johnson St, 33020, offers a blend of classic architecture and solid rental potential. The building comprises three one-bedroom units and one efficiency unit, generating a current monthly rental income of $4,550. This represents a compelling return on investment for a savvy buyer. The property's location in East Hollywood provides convenient access to local amenities, transportation, and the vibrant cultural scene of South Florida. The asking price for this rarely available multifamily property is $999,000. This is a fantastic chance to acquire a well-maintained, income-producing asset in a thriving market. The property's history and current performance make it an attractive proposition for investors seeking stable cash flow and potential appreciation. Serious inquiries are encouraged to explore this unique opportunity further. Detailed financial information and property records are available upon request. Don't miss out on this chance to own a piece of Hollywood's rich history and promising future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.