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1316 Havenhurst Dr West Hollywood, CA 90046
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Key Details
Sold Price $6,500,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 17,374 sqft
Price per Sqft $374
MLS Listing ID 23-331565
Sold Date 08/20/24
Bedrooms 28
Year Built 1942
Lot Size 0.357 Acres
Acres 0.3575
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 West Hollywood Vicinity
Zoning WDR4*
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Equipment Other
Exterior
Parking Features None
Building
Story 1
Level or Stories Two
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Keller Williams Beverly Hills