Property listed by Keller Williams Beverly Hills, Zachary Freehling 310-432-6400
$2,995,000
We proudly present 8812 Rangely Ave. This four-unit property will be delivered completely vacant, allowing the Buyer to achieve premium market rents after renovation. Located in prime West Hollywood, just blocks from the historic Norma Triangle and Beverly Hills, the property offers easy access to premier shopping and entertainment destinations,… Read More including The Grove, Beverly Center, and the iconic Sunset Strip. Each spacious unit features a 2-bedroom, 1-bathroom layout averaging 1,080 square feet, showcasing 10-foot ceilings and charming 1920s craftsmanship. Recent upgrades include a new roof, and a convenient utility room adds to the property's functionality. With approximately two parking spaces available and the potential to add an Accessory Dwelling Unit (ADU), this is a fantastic opportunity for owner-occupiers or investors looking to maximize value. Additionally, the location presents an incredible opportunity for short-term, furnished rentals in one of the most sought-after areas of Los Angeles. Read Less
Listing Snapshot
Days Online
36
Last Updated
Property Type
Other
Beds
8
Square Ft.
4,334
Lot Size
0.11 Acres
Year Built
1929
MLS Number
25504493
30 Days Snapshot Of 90048
$3,547k
-26%
(avg) sold price
10
-28%
homes sold
92
-32%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator
Building
Built in 1929, Building area total: 4,334, Levels: Two, Living area: 4334, 2 stories, 1 building
Heating
WallFurnace
Income
Gross income: $220,560, Net operating income: $160,537
Lot
0.1133 acres, 4,936 square feet, Size: 4,936
Parking
2 totals parking, Driveway, Uncovered
Property
Zoning: WDR1B*
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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