Property listed by The Agency, Aaron Leider 424-230-3700
$3,150,000
This trophy property is positioned in one of the city's most vibrant and sought-after neighborhoods in the heart of West Hollywood. Nestled just south of Santa Monica Boulevard and east of North Fairfax Avenue, Built in 1956, the property features an ideal unit mix of seven, one-bedroom/one-bathroom units and two,… Read More two-bedroom/two-bathroom units, with one unit delivered vacant at closing. Select residences have been thoughtfully renovated with modern upgrades including quartz countertops, mosaic tile backsplashes, stainless steel appliances, dishwashers, and recessed lighting. Common area improvements include full copper plumbing, custom handrails, curved walkways, and lush landscaping, enhancing the mid-century charm of this classic dingbat building. The property also features four carport parking spaces with potential for conversion into multiple ADUs. Leveraging SB 1211, investors potentially could add up to eight (8) additional ADUs, nearly doubling the existing unit count. Each unit is individually metered for gas and electricity, reducing operating expenses and providing further investment stability. HIGHLIGHTS INCLUDE: Prime West Hollywood Location* Coveted 90046 Zip Code* Good Unit Mix* One (1) Unit Will be Delivered Vacant* Rare Tastefully Renovated IMPROVEMENTS * Immaculate Mid-Century Charm* Upgraded Copper Plumbing, Custom Handrails, Curved Walkways, and Lush Landscaping* Individually Metered for Gas & Electric* Gated and Secure* Select Units Feature High-End Renovations* First Time on the Market in Over 17-Years* Large Demand from Professional Renter Demographic with Inflow from Film Industry & Other Major Employment Hubs* Close Proximity to Hollywood Blvd, Sunset Strip, & Numerous Retail, Restaurant, & Entertainment Amenities* Outdoor Recreation Available Nearby at Plummer Park* Easy Access to the 10 &101 Freeway* Total of Nine (9) On-Site Parking Spaces. Read Less
Listing Snapshot
Days Online
84
Last Updated
Beds
11
Square Ft.
6,984
Lot Size
0.15 Acres
Year Built
1956
MLS Number
25583941
Additional Details
Appliances & Equipment
GasCooktop, Disposal
Building
Built in 1956, Living area: 6984.0, 1 building, Building faces East, 2 stories, Levels: Two, Entry level: 1, Entry location: Ground Level - no steps
Community
Gated
Cooling
HeatPump, WallWindowUnits
Heating
Combination
Home Owner's Association
Amenities: ControlledAccess
Income
Gross Income: $251,808, Net Operating Income: $175,363
Laundry
CommonArea
Lot
0.1485 acres
Parking
5 carport spaces, 4 open parking spaces, 9 total parking spaces, AttachedCarport, Assigned, Driveway
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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