For sale 7 units apartment building in prime west Hollywood, Los Angels , California.. For additional information regarding this transaction , please contact the listing agent, Michael Monempour michael.monempour@kidder.com cell 310.270.8423

Posted: 09/20/2021 12:30 pm | On HOMEiZ: 942 days | Updated: 2 years ago | Views: 463

Location Map

Property Type

Property status

Sold

Property Price

Asking Price

$3500000

Last Sold Price

$3500000

Last Sold Date

09/21/2021

Total Lot Size

6,495.00 Sq. Ft.

Asking Price per Sq. Ft.

$449

Total Building Size Sq. Ft.

7795

Commission Split %

Contact listing agent%

Cap Rate %

3.07%

Gross Annual Income

Net Operating Income

$107450

Gross Rent Multiplier

19.20

Annual Property Tax Rate for this property

1.25%

Property tax total amount

$43750

Property Location & Description

Listing Headline

For sale 7 units apartment building in prime west Hollywood, Los Angels , California.. For additional information regarding this transaction , please contact the listing agent, Michael Monempour michael.monempour@kidder.com cell 310.270.8423

Rent control

Rent Control

Property Description

This property has 11 bedrooms, 8 bathrooms and approximately 7,795 sqft of floor space. This property has a lot size of 6,495 sqft and was built in 1962.

Location Description

This multi-family home is located at 1004 N Alfred St, West Hollywood, CA. 1004 N Alfred St is in the Mid City West neighborhood in West Hollywood, CA and in ZIP code 90069.

No. of Units

Price per Unit

$500000

Units Mix

No.

Description

No. Units

Sq. Ft.

Avg. Mo. Rent

0+1 Studio

1+1

2+2

3+2

APN / Parcel ID

5529-007-031

Zoning

LARD1.5

Occupancy %

100%

Construction Type

Wood & Stucco

No. Stories

Year Built

1962

Overall Property Condition

Good

Highlights

AAA + Prime west Hollywood location

40% upside on rents

Excellent unit mix

Onsite laundry

Ample parking

Property Information

Sewer

Type of Sewer

Sewer System (Public)

Parking

Parking type

Off-street

On-street

# of Covered Parkings

No Data

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

Listing Info

Listing ID: 2882

Sold

For Sale

$3,500,000

Listing Presented by

Disclimer: Any information relating to a property referenced on HOMEiZ.com comes from the listing provider who wishes to post a listing on HOMEiZ.com. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. HOMEiZ does not verify the property information submitted in HOMEiZ.com and cannot guarantee the accuracy of the information. No warranties or representations are made of any kind. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

1004 North Alfred Street . Central LA , CA 90069