Thank you
Hamid Soroudi
Keller Williams Beverly Hills
310-432-6400
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
Sell a home like this and save $416,501 Find Out How
Total Bedrooms : 28
Total Baths: 28
Full Baths: 0
Half Baths: 0
Year Built: 1942
Building Area Total: 17,374
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.3575
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 15571
Original List Price: 6,950,000
Listing Contract Date: 2023-11-09
Listing Agreement: Seller Reserved
Parcel Number: 5554008008
Garage Description: None
Lease Term: Negotiable
Source Listing Status: Active Under Contract
Source Neighborhood: C10 - West Hollywood Vicinity
Postal Code Plus 4: 4522
Directions: N. of Fountain Ave., W. of Crescent Heights Blvd.
Zoning: WDR4*
Source Property Type: Residential Income
Area: C10 - West Hollywood Vicinity
Property Age: 82
Year Built Source: Vendor Enhanced
Total Square Feet Living: 17374
Levels or Stories: Two
Building Total Stories: 2
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 |
7550 Fountain Avenue, West Hollywood, CA,90046 | $4,200,000 | 14 | -- | 8,390 | 6853 Sqft |
934 N La Jolla Avenue, West Hollywood, CA,90046 | $2,360,000 | 4 | -- | 2,463 | 6157 Sqft |
918 N La Jolla Avenue, West Hollywood, CA,90046 | $5,275,000 | 4 | 4 | 3,566 | 6110 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 |
Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
ByOwner last updated this listing 04/29/2024 @ 13:00
MLS: 23331565
LISTED BY: Hamid Soroudi, Keller Williams Beverly Hills
SOURCE: CRMLS
Buyer Agency Compensation: 0%
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.