Property listed by Berkshire Hathaway HomeServices California Properties, Brian Joy 310-777-7800
$1,780,000
Exceptional owner-user or investment opportunity in one of West Hollywood's most desirable residential neighborhoods. Offering a 5.83% CAP, 12.57 GRM, $103,782 NOI and $141,600 in gross annual income, this four-unit property combines strong current returns with an attractive owner-user opportunity. The beautifully updated 2-bedroom front residence is ideal for owner-user… Read More occupancy and features its own large, private and secluded yard and patio, while the three additional units currently generate $7,300 per month in rental income. Set behind mature hedging on a 6,157-square-foot lot, the property offers exceptional privacy, multiple outdoor spaces and a true residential feel. Each unit features updated kitchens and baths, in-unit laundry and private outdoor areas. An outstanding opportunity for an owner-user looking to enjoy the privacy and outdoor space of a single-family residence while benefiting from substantial rental income, or an investor seeking strong current returns in a prime West Hollywood location. Moments from Melrose Avenue, Santa Monica Boulevard and some of the area's best dining, shopping and entertainment. Some photos have been virtually staged. Read Less
Listing Snapshot
Days Online
122
Last Updated
Beds
5
3/4 Baths
4
Square Ft.
1,950
Lot Size
0.14 Acres
Year Built
1947
MLS Number
26842389
Additional Details
Building
Built in 1947, Living area: 1950.0, 3 buildings, Levels: One
Income
Gross Income: $141,600, Net Operating Income: $103,782
Lot
0.1413 acres
Parking
Driveway
Taxes
Parcel Number: 5529011031, Zoning: WDR2*
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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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