For sale 4 Units in west Hollywood, California. For more information please contact the listing agent, Filip Niculete 818-212-2748 Filip.Niculete@marcusmillichap.com

Posted: 07/16/2020 6:17 am | On HOMEiZ: 1385 days | Updated: 3 years ago | Views: 712

Location Map

Property Type

Property status

Sold

Property Price

Asking Price

$2500000

Last Sold Price

$2500000

Last Sold Date

07/14/2020

Total Lot Size

5,765.00 Sq. Ft.

Asking Price per Sq. Ft.

$659

Total Building Size Sq. Ft.

3793

Commission Split %

Contact Listing Agent%

Cap Rate %

3.32%

Gross Annual Income

Net Operating Income

$83000

Gross Rent Multiplier

19.87

Annual Property Tax Rate for this property

0.755%

Property tax total amount

$18875

Property Location & Description

Listing Headline

For sale 4 Units in west Hollywood, California. For more information please contact the listing agent, Filip Niculete 818-212-2748 Filip.Niculete@marcusmillichap.com

Rent control

Non Rent Control

Property Description

Built in 1959, the property has undergone significant renovations as of 2015 with luxury finishes and modern appointments featuring on-site parking and a private swimming pool. The Offering consists of 1- Studio / One bathroom, 1- One bedroom / One bathroom and 1- Two Bedroom / Two Bathroom units with 1- Three bedroom / Two bathroom house. Located in one of the most sought after markets in the country.

Location Description

he Property is positioned on Keith Avenue, just north of Santa Monica Boulevard. Residents benefit by being within walking distance or a short Uber ride from premier dining, entertainment and nightlife within the heart of West Hollywood ie) Catch LA, SUR, PUMP, Fig & Olive, Urth Caffe, West Hollywood Park, The Abbey, Doheny Room, E. P. & L. P. , etc.

No. of Units

Price per Unit

$625000

Units Mix

No.

Description

No. Units

Sq. Ft.

Avg. Mo. Rent

0+1

583

1+1

635

2+2

800

3+2

1775

Occupancy %

90%

Construction Type

Wood & Stucco

No. Stories

Year Built

1959

Overall Property Condition

Good

Highlights

Built in 1959 - Renovated as of 2015

1 Unit Delivered Vacant

Featuring Ample On-Site Parking & Private Pool

Option to Owner Occupy

Proximate to World Class Dining, Entertainment & Nightlife

Property Information

Amenities

Pool

Sewer

Type of Sewer

Sewer System (Public)

Parking

Parking type

Garage - Attached

On-street

# of Covered Parkings

Investment Overview

Type of use

Investor

Energy Efficiency

Energy Star Certified

How old is you cooling and heating system?

No Data

Efficiency rating

N/A

R-value

N/A

Windows single-pane?

Natural daylight

Appliances energy efficient

Roof

Neighborhood lifestyle

Lifestyle

Urban Core

More information

MLS URL of this listing to link to your own site or brokerage site

19-448914

Listing Info

Listing ID: 2347

Sold

For Sale

$2,500,000

Listing Presented by

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9005 Keith Avenue . Central LA , CA 90069