Thank you
Sevak Keshishian
Marcus & Millichap
818-212-2700
We are pleased to present 1123 N. Vista Avenue, a triplex located in the heart of West Hollywood. Built in 1924, this 2,151 square foot property sits on a 6,166 square foot lot and features three 1-bedroom, 1-bathroom units, each with its own private patio space. Tenants enjoy ample outdoor common area space and five on-site parking spaces. The property presents a significant value-add opportunity for investors seeking to implement interior and exterior renovation plans. It is currently fully occupied, however there are efforts being made by ownership to deliver the property vacant or to provide a path to vacancies which will allow a future investor to renovate the property as desired. In addition, there is an attached one-car garage located at the rear of the property that could potentially be converted into an ADU (Buyer to investigate and confirm). For Developers, the property is zoned WDR2, and offers the potential to transform the site into a 5-unit multifamily or condo building like many similar lots in the area that have the same zoning. Located north of Santa Monica Blvd and nestled between N Fairfax Ave and N La Brea, the property is in the heart of West Hollywood and is considered a walker's paradise boasting a walk score of 93. There are many public transportation options minimizing the need for a vehicle. Tenants are within proximity of the famous Sunset Strip, numerous restaurants, boutique shopping on Melrose Ave, and a short distance to Beverly Hills and Hollywood.
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Total Bedrooms : 3
Total Baths: 3
Full Baths: 0
Half Baths: 0
Interior Features: Ceiling Fan(s)
Central,Wall Furnace
Has Heating
Year Built: 1924
Building Area Total: 2,151
Stacked
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1416
Lot Size Source: Assessor
Lot Size Square Feet: 6166
Original List Price: 1,100,000
Listing Contract Date: 2024-04-19
Listing Agreement: Seller Reserved
Parcel Number: 5531002020
Garage Description: Uncovered
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C10 - West Hollywood Vicinity
Postal Code Plus 4: 5606
Directions: Head east on Santa Monica Blvd and turn left onto North Vista Street. The subject property is located in-between Santa Monica Blvd and Fountain Ave.
Zoning: WDR2*
Source Property Type: Residential Income
Area: C10 - West Hollywood Vicinity
Property Age: 100
Year Built Source: Vendor Enhanced
Total Square Feet Living: 2151
Levels or Stories: One
Building Total Stories: 1
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
7972 Norton Avenue, West Hollywood, CA,90046 | $3,600,000 | 11 | -- | 7,484 | 7461 Sqft |
Grandview Drive, West Hollywood, CA,90046 | $189,000 | -- | -- | -- | 4830 Sqft |
918 N La Jolla Avenue, West Hollywood, CA,90046 | $5,275,000 | 4 | 4 | 3,566 | 6110 Sqft |
1316 Havenhurst Drive, West Hollywood, CA,90046 | $6,950,000 | 28 | -- | 17,374 | 15571 Sqft |
1356 N Ogden Drive, West Hollywood, CA,90046 | $4,495,000 | 4 | 2 | 2,810 | 9386 Sqft |
1414 N Harper Avenue #12, West Hollywood, CA,90046 | $1,749,000 | 2 | 2 | 2,320 | 30510 Sqft |
937 N Spaulding, West Hollywood, CA,90046 | $1,975,000 | 3 | -- | 1,900 | -- |
7611 Hampton Avenue, West Hollywood, CA,90046 | $1,790,000 | 3 | 2 | 1,248 | 6795 Sqft |
1318 N Crescent Heights.., West Hollywood, CA,90046 | $714,999 | 2 | 2 | 977 | 19759 Sqft |
1345 N Hayworth Avenue .., West Hollywood, CA,90046 | $389,000 | -- | 1 | 446 | 45423 Sqft |
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ByOwner last updated this listing 05/06/2024 @ 15:39
MLS: 24382303
LISTED BY: Sevak Keshishian, Marcus & Millichap
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
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.