Thank you
Dario Svidler
Keller Williams Beverly Hills
310-432-6400
We are proud to exclusively present for sale a 10 unit residential income property just outside of West Hollywood. The adjacent 9 unit building is also available for sale. Central, central, central! Just off Melrose Ave., and around the corner from the Central Fairfax District and Fairfax High School (with it's weekend Melrose Trading Post), this property is right dab in the middle of a Walker's Paradise, surrounded by shops, fine and casual dining, sought-after nightlife, and pretty much anything trendy one can think of! Long-term owners have lovingly cared for the building over the years, and with new and longer-term tenants, rents are still averaging around 35% below market. The building's tuck-under parking has been mitigated, with the already-completed Soft Story Seismic Retrofit work. And there's always potential for ADUs! The offering features bright units that each cover the whole width of the building, and spacious layouts ranging from 652 square feet to 936 square feet eachwith a Single at 295 square feet! There are three sets of tandem parking spaces in the front and five gated parking spaces in the back, accessible from the alley. Lots of jobs in the area, but situated on a calm residential street with permit parking! Walking distance to The Grove, the 3rd Street Shopping District, the Beverly Center and more! The property currently shares some services with the neighboring building, such as garbage, garage gates and laundry room.
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Total Bedrooms : 13
Total Baths: 13
Full Baths: 0
Half Baths: 0
Year Built: 1965
Building Area Total: 7,392
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1722
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7502
Original List Price: 2,850,000
Listing Contract Date: 2024-05-01
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5527017019
Garage Description: Assigned,Covered,Garage,Gated,Side By Side,Tandem,Uncovered
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C10 - West Hollywood Vicinity
Postal Code Plus 4: 2340
Directions: By Fairfax and Melrose. Just south of WeHo.
Zoning: R3
Source Property Type: Residential Income
Area: C10 - West Hollywood Vicinity
Property Age: 59
Year Built Source: Vendor Enhanced
Total Square Feet Living: 7392
Levels or Stories: One
Building Total Stories: 1
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
9000 W 3rd Street #503, Los Angeles, CA,90048 | $5,000,000 | 2 | 2 | 2,480 | 56037 Sqft |
9000 W 3rd Street #209, Los Angeles, CA,90048 | $4,495,000 | 2 | 3 | 2,835 | 56037 Sqft |
9000 W 3rd Street #104, Los Angeles, CA,90048 | $3,000,000 | 2 | 3 | 2,400 | 56037 Sqft |
132 N Swall Drive #201, Los Angeles, CA,90048 | $1,785,000 | 2 | 2 | 1,470 | 11660 Sqft |
322 S Swall Drive, Los Angeles, CA,90048 | $3,200,000 | 10 | -- | 6,850 | 5405 Sqft |
9000 W 3rd Street #305, Los Angeles, CA,90048 | $2,750,000 | 1 | 2 | 1,418 | 56037 Sqft |
448 N Laurel Avenue, Los Angeles, CA,90048 | $2,695,000 | 3 | 2 | 2,297 | 6540 Sqft |
6626 W 6th Street, Los Angeles, CA,90048 | $2,150,000 | 6 | -- | 3,567 | 5937 Sqft |
6511 Maryland Drive, Los Angeles, CA,90048 | $4,095,000 | 5 | 4 | 4,000 | 6102 Sqft |
316 N Edinburgh Avenue, Los Angeles, CA,90048 | $3,994,000 | 4 | 5 | 4,725 | 6617 Sqft |
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ByOwner last updated this listing 05/21/2024 @ 10:03
MLS: 24386835
LISTED BY: Dario Svidler, Keller Williams Beverly Hills
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.