1343 Sierra Bonita Avenue , West Hollywood, CA - 90046 is For Sale

  • 21705012
  • 21705012
  • 21705012
  • 21705012
  • 21705012
  • 21705012
  • 21705012
  • 21705012
  • 21705012
  • 21705012
  • 21705012
  • 21705012
  • 21705012
  • 21705012
  • 21705012
  • 21705012
  • 21705012
  • 21705012
$3,999,000· Income property

Description

This very well maintained 10-unit apartment complex is located in one of the most desirable rental markets, one of the premier locations w/high demand rentals in California. Comprised of excellent unit mix of 6 (1bed/1bath) and 4 (2bed/2bath) units with parking ratio of 1.7/per unit. Laundry facility on-site with additional approx. $3k income per/yr. There is a non-conforming single unit on ground floor potentially an ADU for additional income (currently used as an office/storage) Great upside potential in rents. Soft story retrofit completed in 2020. Separate meters for gas/electricity. Centrally located south of Sunset and North of Fountain Ave with walk score of 88 close to all area shops, dining, transportation and entertainment hot spots. West Hollywood post office address. Property is managed by the owner. Drive by and please do not disturb tenants.

Features

MLS#: 21705012
List Price : $3,999,000
Total Units : 10
Gross Operating Income : $236,820
Net Operating Income : $194,215
Sq M : 754 M2
Year Built : 1959
Days on market : 185 Days
Gross taxes : N/A
Address : 1343 Sierra Bonita Avenue
City : West Hollywood
State : CA
Zip Code : 90046
Neighborhood : N/A
Foundation : Slab
Stories : 2
Laundry : Community, Individual Room, Outside
Parking Features : Attached Carport, Covered
Sale Type : Standard
Spa : None
View : None
 
Property Type : Residential Income
Original List Price : $3,999,000
Acres : 0.18
Lot Size (Acres) : 0.18
Sewer : Other
Parking Features : Attached Carport, Covered
Pool Desc : None
Security Safety : Gated Community
Driving Directions : North of Fountain/ South of Sunset
Lot Features : Rectangular Lot
 
Courtesy of : Azita Tahsini , Beverlywood Estates

Location

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