Property listed by Keller Williams Beverly Hills, Dario Svidler 310-432-6400
$2,895,000
We are proud to present for sale an 8 Unit Apartment Building deep in West Hollywood near Poinsettia Recreation Center and Plummer Park. Consisting of four 2+1s and four 1+1s, the property features many beautifully redone apartments and a substantial upside as the not-yet redone units turn over to… Read More new tenants. The corner-building apartments benefit from large windows bringing the outside in, giving the units a welcoming brightness during the day. The remodeled units feature stacked washer/dryer, and the building includes a communal coin laundry. Sandwiched between Santa Monica Blvd. and Melrose Ave., this property is highly sought after by tenants looking for a pedestrian friendly home-base. Walk Score states that this property is in a Walker's Paradise, where daily errands do not require a car. That said, the building features 5 very deep carports. Walk to restaurants, shops, markets, bars, clubs. The property is in the middle of one of the country's best nightlife destinations and fine dining options! The unit with the Gardener Street address has a private and secluded front yard. The Seller has lovingly kept up the property, added new landscaping on the sidewalks surrounding the building, and maintained the building with evident pride of ownership, ensuring that any and all items received immediate attention, including redoing the waterproofing of walkways, which means that the property is SB721 compliant. The Soft-Story Seismic Retrofitting was completed in 2022. There is potential to convert the carports into one or two ADUs. Read Less
Listing Snapshot
Days Online
59
Last Updated
Beds
12
3/4 Baths
8
Square Ft.
6,690
Lot Size
0.13 Acres
Year Built
1954
MLS Number
26868313
Additional Details
Building
Built in 1954, Living area: 6690.0, 1 building, 2 stories, Levels: Two
Disclosures
RentControl
Income
Gross Income: $213,904, Net Operating Income: $133,876
Lot
0.1255 acres, Dimensions: 107x50
Parking
5 total parking spaces, Assigned, Covered, Carport
Taxes
Parcel Number: 5531024012, Zoning: WDR3C*
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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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