5.60% Cap Rate Prime West Hollywood! 1046 N Ogden Drive is a 10 Unit Apartment Building built in 1958. The property is located in an A+ West Hollywood Location just north of Melrose and East of Fairfax Avenue. The property offers an excellent unit mix comped of 6 - 1 Bedroom / 1 Bathroom units and 4 - 2 Bedroom / 2 Bathroom Units. Garage offers 10 Parking Spaces. Assumable Financing Available at approx. $1,450,0000 & 3.94%.
5.60% Cap Rate Prime West Hollywood! 1046 N Ogden Drive is a 10 Unit Apartment Building built in 1958. The property is located in an A+ West Hollywood Location just north of Melrose and East of Fairfax Avenue. The property offers an excellent unit mix comped of 6 - 1 Bedroom / 1 Bathroom units and 4 - 2 Bedroom / 2 Bathroom Units. Garage offers 10 Parking Spaces. Assumable Financing Available at approx. $1,450,0000 & 3.94%.
Huge price reduction!!! 8815 Cynthia Street is a prestigious opportunity to acquire a property in one of the best rental locations in prime West Hollywood. Built in 1989, the property isNOT subject to the city of West Hollywood's rent control (AB 1482 does apply). 4 of the units are subject to lower income covenants. The beautiful courtyard property boasts an ideal unit mix consisting of all 19 two-bedroom two bath units and 2 one-bedroom one bath units. Each of the units is extremely spacious, has a terrific floor plan, and offers an abundance of natural light. Units feature upgraded and luxurious amenities including stainless steel appliances, quartz or granite countertops, fireplaces, vinyl or laminate flooring, spacious kitchens/bedrooms/bathrooms, large balconies/patios, individual water heaters, and central heat and air conditioning. Other property features include secureentry, copper plumbing, 18 camera video system, and gated subterranean parking (an incredible 47 parking spaces for 21 units). 8815 Cynthia Street is regarded as a "Walker's Paradise" as it features an incredible Walk Score of 92. With such an abundance of parking and an ideal unit mix, the property is well positioned for an investor looking for a condominium conversion project. This rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier asset in one of the best rental locations in all of Los Angeles.
Courtesy: Tony Azzi
Courtesy: Shepherd Realty Group
Prime investment opportunity on the edge of West Hollywood! This 8 unit building features 4 spacious 2br/2bath units, and 4 large 1br/1bath units with parking. Units have been renovated as vacancies occur. Walkable to the Weho Whole Foods and the trendy restaurants and shops of the Sunset Strip, this location is as desirable for its neighborhood feel as it is for its easy accessibility to the Weho nightlife. This is a unique opportunity in a prime location.
Prime investment opportunity on the edge of West Hollywood! This 8 unit building features 4 spacious 2br/2bath units, and 4 large 1br/1bath units with parking. Units have been renovated as vacancies occur. Walkable to the Weho Whole Foods and the trendy restaurants and shops of the Sunset Strip, this location is as desirable for its neighborhood feel as it is for its easy accessibility to the Weho nightlife. This is a unique opportunity in a prime location.
Nestled in the heart of West Hollywood, this property boasts a prime location surrounded by an array of restaurants, bars, and entertainment venues, along with convenient access to the vibrant shops lining Melrose Avenue and the amenities of Whole Foods Market. Offering a compelling opportunity for both owner-occupiers and savvy investors, this collection of four freestanding homes presents a value-add proposition through renovation potential in the vacant units.The property features a diverse mix of residences, including two spacious 3-bedroom, 2-bathroom townhomes and two cozy 1-bedroom, 1-bathroom cottages. Each unit is equipped with separate gas, electric, and water meters, ensuring individualized utility management. At the time of closing, one of the 3-bedroom units and one of the 1-bedroom units will be delivered vacant, providing flexibility for new owners.The front cottage, 1028, currently occupied, offers a charming living space with wood and carpet flooring, complemented by an AC wall unit and a sizable enclosed front yard. Adjacent, 1028 1/2, soon to be vacant, features a gas wall heater, two window AC units, and a private side yard, along with newer appliances and a newer water heater as well as brand new 9 inch wide vinyl laminate flooring throughout the house.One of the highlights, 1030, also to be delivered vacant, is a spacious 3-bedroom townhouse featuring a gas wall heater, an AC wall unit, and a range of recent updates including kitchen cabinets and flooring and comes with 2 tandem parking spaces. Additionally, 1030 1/2 exudes character with its high ceilings, gas fireplace, and elegant spiral staircase, offering a blend of modern comfort and timeless charm.Both townhomes boast enclosed patios off the upstairs bedrooms, adding an inviting outdoor retreat. All units except 1028 have Washer and Dryer, 1028 1/2 is in-unit while 1030 and 1030 1/2 are located outside the units. Notably, parking arrangements have been established with leased tandem spaces nearby, although longevity is subject to negotiation.While all information provided is deemed reliable, prospective buyers and their agents are encouraged to conduct thorough due diligence to ensure satisfaction with the property. With its versatile layout, convenient amenities, and prime location, this offering presents an exceptional opportunity to become a part of the vibrant West Hollywood community.
Courtesy: Horizon Real Estate Management Group
*** 3rd price reduction - $625,000 from originally listed price *** Patio del Moro is a true West Hollywood landmark on the National Register of Historic Places since 1986. This Spanish-Revival style courtyard complex features 7 maisonette apartments formerly home to Charlie Chaplin, Humphrey Bogart, Joyce Van Patten, Paulette Goddard, Joan Fontaine, and Suzanne Pleshette. Arthur and Nina Zwebel built this storybook complex in 1925, a husband and wife design team known for innovating the Southern California courtyard-style apartment design. With a premier, West Hollywood address Patio del Moro is located just 1 block south of the famed Chateau Marmont on the Sunset Strip. Its distinctive Andalusian and Moorish-inspired architecture boasts a copper-domed Tunisian tower, horseshoe-arched entrance tunnel, and tiled fountains in the private and public patios and fireplaces. Intertwined private terraces and patios, Juliet balconies, and private outdoor spaces distinguish Patio del Moro. Most units feature handcrafted beam work, lofty spaces with high ceilings, original fireplaces, Juliet balconies, oversized arched windows, french doors, private patios, and unique tilework throughout each whimsical space. As part of the historic Harper Avenue District, Patio del Moro is a Mills Act property with a financial incentive for historic preservation, offering owners who invest in rehabilitating historic buildings property tax savings. Patio del Moro is a part of the Golden Era Collection, four impeccably restored multifamily complexes in Los Angeles.
Courtesy: Century 21 Hollywood
Courtesy: Coldwell Banker Realty
Courtesy: Zacuto Group
West Hollywood is located in California. West Hollywood, California has a population of 35,678. West Hollywood is less family-centric than the surrounding county with 11.07% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in West Hollywood, California is $78,719. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in West Hollywood is 39.1 years.
The average high temperature in July is 78.3 degrees, with an average low temperature in January of 49 degrees. The average rainfall is approximately 16.1 inches per year, with 0 inches of snow per year.
