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Key Details
Sold Price $6,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 17,374 sqft
Price per Sqft $374
MLS Listing ID 23331565
Sold Date 08/20/24
Bedrooms 28
HOA Y/N No
Year Built 1942
Lot Size 0.357 Acres
Property Description
Assume $3,529,000 loan at 3.2% fixed until 5/1/28. Prime West Hollywood. 100% occupied. Significant (42%) upside in rents. 12.6 x Gross & 4.7% Cap with existing rents; 8.9 x Gross & 7.8% Cap with rents at market. 6.3% return on down payment at closing; 12.7% return with rents at market
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning WDR4*
Interior
Fireplace No
Exterior
Garage None
Parking Type None
Building
Story 1
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5554008008
Special Listing Condition Standard
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Bought with Jared Battat • Keller Williams Beverly Hills
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