Spanish Gem in Prime West Hollywood! Welcome to an exquisite fourplex nestled in the coveted heart of West Hollywood. This charming property boasts an appealing mix of residences featuring two 1,640 square foot 3-bedroom, 2-bathroom townhouses with elegant spiral staircases and beautiful restored 1926 hardwood floors. The townhouses have been updated enhancing their appeal, and they each enjoy a private front yard perfect for relaxation. The remaining two units are in a separate structure and consist of a spacious one-bedroom and a delightful studio. The character and allure of the 1920's are beautifully preserved throughout the interiors, offering a unique blend of historic charm and modern convenience including central air-conditioning and in-unit laundry machines. Set on a generous 6,550 square lot, this serene Spanish style retreat is located on a tranquil tree-lined street providing a haven in the bustling city. The property boasts eight garaged parking spaces and an impressive Walk Score of 91 which grants easy access to the vibrant lifestyle and amenities of West Hollywood and the surrounding areas. The property generates strong income and offers significant upside. The one-bedroom and studio rents are under market, and the tenants are open to discussing a "Cash for Keys" buyout. Also, an ADU can potentially be built on top of the garage resulting in even more upside. Finally, for qualified applicants the seller is willing to finance up to $1,250,000. Don't miss this rare opportunity to own a captivating piece of history in one of Los Angeles' most desirable neighborhoods. Click on the "Doc(s)" link to access a detailed executive summary including actual and market value metrics (GRM & CAP Rate), as well as a detailed financial summary.
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DAYS ON MARKET
|
116
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LAST UPDATED
|
10/19/2024
|
|
YEAR BUILT
|
1926
|
COMMUNITY
|
West Hollywood Vicinity
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
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PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer |
| AREA |
West Hollywood Vicinity |
| GARAGE |
Private |
| HEAT |
Forced Air |
| LOT |
6552 sq ft |
| PARKING |
Private |
| STYLE |
Spanish |
| ZONING |
WDR2* |
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Listed with Keller Williams Coastal Prop.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/30/24 12:26 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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