$2,120,000
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7,618 Sqft Lot
SOLD DATE : 11/14/2024
Key Details
Sold Price $2,120,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-19473
Sold Date 11/14/24
HOA Y/N No
Year Built 1925
Lot Size 7,618 Sqft
Property Description
PRIME LOCATION. Located on a quiet street in the heart of West Hollywood, this well-maintained 1920s two-story Tuscan-Style Villa features four bright and airy 2 BD / 1 BR units, each spanning around 1,000 sqft. Nestled between Fountain and Santa Monica, just east of La Cienega, the property is incredibly central, yet offers surprising serenity.Period details such as original hardwood floors, floor-to-ceiling French windows, coved ceilings, stained glass panels and faux fireplaces are paired with modern amenities, including central air and heat, individually metered utilities, and in-unit hot water heaters.All units share a similar layout: light-filled living room facing the street, updated kitchen with new appliances, renovated full bathroom with a tub and long hallway leading to the two bedrooms with built-in storage at the rear of the units.Gated tenant entrance. Upstairs units are accessed by a private staircase, while the private garden patios are enjoyed by all tenants. Secure, gated parking provides 8 assigned spots. The property currently yields a monthly income of over $12,600. All units are tenant-occupied, with three rented at market value and one below market value. This is a very charming, well looked-after property in a highly desirable neighborhood, presenting a wonderful investment opportunity for the savvy investor.
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Free-Standing Range, Refrigerator, Water Heater, Dryer, Washer
Laundry Stacked
Exterior
Parking Features Assigned, Carport, Gated
Garage Spaces 2.0
Carport Spaces 3
Garage Description 2.0
Pool None
Community Features Urban
View Y/N No
View None
Accessibility Parking
Total Parking Spaces 10
Private Pool No
Building
Story 2
Entry Level Two
Architectural Style See Remarks
Level or Stories Two
Others
Senior Community No
Tax ID 5555004070
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
Special Listing Condition Probate Listing
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Bought with Nadia Conrow • COMPASS
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25101 The Old Road Suite 240, Ranch, Ca, 91381, United States