1007 N San Vicente

    West Hollywood, CA 90069
    • $3,749,000
    • STATUS: Active
    • ON SITE: 267 days
    • ID#: 18316974
    UPDATED: 39 min ago
    $3,749,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,739
      SQFT
    • $653
      $/SQFT
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    ALL RENTS ARE ACTUAL AND ALL UNITS LEASED - 3.91 CAP RATE Achieve the highest possible CAP RATE while living in a Trophy building/location just steps from the Sunset Strip and London Hotel. Ideal cash flow for a pristine completely renovated 4 unit building. Units comprise of flawless finishes along with all of todays needs/amenities, central air/washer/dryer/range/fireplaces/private garage parking and patios. Consistent with the finest appliances and materials each individual unit is unique and rare with massive vaulted ceilings and architecture. All units leased at market rent except for unit 4 which provides tremendous upside at a projected rental rate of $4,071 per month. Subject property also boasts potential future development opportunity as it is sited on a WDR4 lot.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T08:28:48.333. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/81023791

    1007 N San Vicente West Hollywood, CA 90069

    • Price: $3,749,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 18316974
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    5,739
    SQFT
    $653
    $/SQFT
    1947
    Built
    Neighborhood:
    C10 - West Hollywood Vicinity
    County:
    Los Angeles
    Area:
    C10 - West Hollywood Vicinity
    Property Description
    ALL RENTS ARE ACTUAL AND ALL UNITS LEASED - 3.91 CAP RATE Achieve the highest possible CAP RATE while living in a Trophy building/location just steps from the Sunset Strip and London Hotel. Ideal cash flow for a pristine completely renovated 4 unit building. Units comprise of flawless finishes along with all of todays needs/amenities, central air/washer/dryer/range/fireplaces/private garage parking and patios. Consistent with the finest appliances and materials each individual unit is unique and rare with massive vaulted ceilings and architecture. All units leased at market rent except for unit 4 which provides tremendous upside at a projected rental rate of $4,071 per month. Subject property also boasts potential future development opportunity as it is sited on a WDR4 lot.
    Exterior Features

    Lot Size Units Square Feet

    Interior Features

    Appliances None Appliances YN No Cooling Central Cooling YN Yes Laundry Features None

    Property Features

    Cap Rate 3.91 Gross Multiplier 19.07 Gross Operating Income 196563.00 Improvements Amount 633746 Land Value 1520992 Laundry YN No Net Operating Income 146623.00 Special Listing Conditions Standard Total Expenses 49940.00 Zoning Wdr4*

    Listing provided courtesy of David Akhtarzad of David Akhtarzad.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T08:28:48.333. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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