836 Hilldale Ave, West Hollywood, CA, 90069

USD 2,249,000
For Sale MLS: 25588627

Property Details

Bedrooms

5

Bathrooms

7

Property Type

multi family

Description

Multi Family in West Hollywood, CA - Bedrooms: 5 - Bathrooms: 7 - Area: 2701 sqft - Year Built: 1947 - Lot: 4299 sqft

Listing Agent: Ladd Jackson Brokerage: Carolwood Estates

Location! Location! Prime West Hollywood, Norma Triangle - An amazing value legacy property, Excellent GRM/CAP income with future Upside Potential and always rented! All 5 units, each with private courtyard/garden space, made up of 2-Two bedroom townhouses, 1-One bedroom and 2-Studio apartments. Located in one of the most exclusive West Hollywood neighborhoods, known as the Norma Triangle, adjacent to Beverly Hills and steps from the Pacific Design Center and the shopping & entertainment avenues of Robertson, Doheny, Melrose, Santa Monica & Sunset Blvd. A gated, Spanish style, garden architectural compound. Excellent income Plus future upside value, with three of the units already updated, and offering good higher income potential for the other 2 units. An amazing opportunity for this A+ location with a 93 Walk-Score! Buyer has the opportunity to assume an excellent assumable loan ($880,000) with 30 year fixed financing at 4.97%! This allows investors an opportunity to acquire a high cash-flowing well-located asset poised for strong long-term appreciation. Please note that the subject property is being sold "As-Is" . Showing with accepted offer only.

Location

Address

836 Hilldale Ave, West Hollywood, CA, 90069

City

West Hollywood

Features and Finishes

Bedrooms: 5, Total Bathrooms: 7, Full Bathrooms: 7, Cooling Features: Wall Unit(s), Heating Features: Wall, Flooring: Mixed, Lot Size Acres: 0.0987, Lot Size Source: Vendor Enhanced, Lot Size Square Feet: 4300, Parking Features: Driveway, Parking Total: 2, Uncovered Spaces: 2, Number of Buildings: 2, Number of Units: 5, Unit Type: Mix, Bedrooms in Unit-1: 2, Bedrooms in Unit-2: 2, Bedrooms in Unit-3: 0, Bedrooms in Unit-4: 0, Bedrooms in Unit-5: 1, Total Bathrooms in Unit-1: 2, Total Bathrooms in Unit-2: 2, Total Bathrooms in Unit-3: 1, Total Bathrooms in Unit-4: 1, Total Bathrooms in Unit-5: 1, Full Bathrooms in Unit-1: 2, Full Bathrooms in Unit-2: 2, Full Bathrooms in Unit-3: 1, Full Bathrooms in Unit-4: 1, Full Bathrooms in Unit-5: 1, Unit 1 Total Actual Rent: 4500, Unit 2 Total Actual Rent: 4295, Unit 3 Total Actual Rent: 1895, Unit 4 Total Actual Rent: 1700, Unit 5 Total Actual Rent: 2300, Gross Income: 148312, Gross Scheduled Income: 148312, Tenant Pays: Electric, Cable TV, Gas,

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