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$4,000,000
Est. payment /mo
12,018 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 12,018 sqft
Price per Sqft $332
MLS Listing ID CL25581453
HOA Y/N No
Year Built 1959
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type Other
Property Description
Contact Broker for Offering Memorandum (OM) with all details. 1023-1027 N Sierra Bonita Ave, West Hollywood, CA 90046 (the "Property") is a classic vintage multi family building. The Property consists of 14 units totaling approximately 12,018 SF on 0.29 acre (12,630 SF) parcels of land. The Property comprises 14 units: (8) 1 bedroom 1 bath units, (2) 2 bedroom and 1 bath units, and (4) 2 bedroom and 2 bath units. Two of the units have private and secluded patio front yard areas. This is an excellent investment with immediate cash flow. Moreover, it is offered with attractive 4% assumable financing. This offering provides the rare opportunity to acquire a multi family leased investment in one of the most sought-after markets in the United States. Nestled just steps away from the prime strip of the bustling Santa Monica Boulevard, the Property affords excellent proximity to iconic entertainment, dining, and retail establishments. Santa Monica Blvd is a major thoroughfare and boasts several national retailers and artisan stores, providing easy access to neighborhood amenities for the area's residents. The Property boasts a walk score of 92/100, so most errands can be accomplished on foot. Rarely does an investor have the chance to acquire a multi-family property of such distinction
Location
State CA
County Los Angeles
Zoning WDR3
Interior
Heating Other
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Building
New Construction No
Others
Tax ID 5530018022
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Listed by Jeff Selick • Oakmore Inc
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