$6,500,000
$6,950,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
28 Beds
28 Baths
17,374 SqFt
SOLD DATE : 08/20/2024
Key Details
Sold Price $6,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 17,374 sqft
Price per Sqft $374
MLS Listing ID 23331565
Sold Date 08/20/24
Bedrooms 28
HOA Y/N No
Year Built 1942
Lot Size 0.357 Acres
Property Description
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
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning WDR4*
Interior
Fireplace No
Exterior
Garage None
Building
Story 1
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5554008008
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jared Battat • Keller Williams Beverly Hills