UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26230879
HOA Y/N No
Year Built 1927
Lot Size 0.341 Acres
Property Sub-Type Mixed Use
Property Description
The property offers significant value-add potential, with approximately 36% remaining rental upside that can be captured through interior renovations and repositioning units toward market rental rates. New ownership may also have the opportunity to convert existing carports into attached Accessory Dwelling Units (ADUs), providing additional potential for rental income and long-term appreciation. Buyer to verify.
Ideally situated in a sought-after West Hollywood neighborhood, the property provides residents with convenient access to restaurants, retail, entertainment, and major employment centers throughout West Hollywood, Hollywood, Beverly Hills, and surrounding markets.
Offered at $4,430,000 with a 5.46% current CAP rate and an 8.26% pro forma CAP rate, the property combines strong in-place income, substantial rental upside, and long-term investment potential in one of Los Angeles' most desirable rental markets.
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Biking, Sidewalks
Total Parking Spaces 10
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5554011004
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION
Sharlotte Blake
Broker Associate License ID: 02035876
Broker Associate License ID: 02035876