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$ 1,995,000
Est. payment | /mo
5 Beds
7 Baths
2,701 SqFt
$ 1,995,000
Est. payment | /mo
5 Beds
7 Baths
2,701 SqFt
Open House
Sun Aug 02, 2:00pm - 5:00pm
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,701 sqft
Price per Sqft $738
MLS Listing ID 26862725
Bedrooms 5
HOA Y/N No
Year Built 1947
Lot Size 4,299 Sqft
Property Description
Location! Location! Prime West Hollywood, Norma Triangle - An amazing value legacy property, Excellent GRM/CAP income with future Upside Potential and always rented! All 5 units, each with private courtyard/garden space, made up of 2-Two bedroom townhouses, 1-One bedroom and 2-Studio apartments. Located in one of the most exclusive West Hollywood neighborhoods, known as the Norma Triangle, adjacent to Beverly Hills and steps from the Pacific Design Center and the shopping & entertainment avenues of Robertson, Doheny, Melrose, Santa Monica & Sunset Blvd. A gated, Spanish style, garden architectural compound. Excellent income Plus future upside value, with three of the units already updated, and offering good higher income potential for the other 2 units. An amazing opportunity for this A+ location with a 91 Walk-Score! Buyer has the opportunity to obtain an excellent assumable loan (approx $880,000) with 30 year fixed financing at 4.97%! This allows investors an opportunity to acquire a high cash-flowing well-located asset poised for strong long-term appreciation. Rent roll might change as allowable yearly increases occur, and income and expenses numbers are from a previous year. Please note that the subject property is being sold "As-Is" .
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning WDR4*
Interior
Heating Wall Furnace
Fireplace No
Appliance Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan, Dryer, Washer
Exterior
Parking Features Driveway
View Y/N No
View None
Total Parking Spaces 2
Building
Story 2
Entry Level Two
Architectural Style Spanish
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4340007004
Special Listing Condition Standard
Listed by Ladd Jackson Carolwood Estates #01405651
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