1023-1027 N Sierra Bonita Ave | West Hollywood, CA 90046
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1023-1027 N Sierra Bonita Ave
West Hollywood, CA 90046
Assumable 4% Financing | 14 Units Prime WeHo · Multifamily Property For Sale
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14 Units
INVESTMENT HIGHLIGHTS
- Phenomenal Below Market Assumable Financing with a 4.01% Assumable Loan in Place
- Units are Separately Metered for Electricity and Gas.
- Steps Away From Santa Monica Blvd: a Major Thoroughfare That Boasts Several Retailers and Artisan Stores.
- 14 Unit Apartment Building in Prime WeHo: Excellent Unit Mix - (8) 1BR/1 BTHS, (4) 2BRS/2BTHS, and (2) 2BRS/1BTH. Two Units Have Private Patios
- Ample Parking: 12 Dedicated Covered Parking Spaces, Including One Tandem Spot That Can Accommodate Two Cars.
- Excellent Demographics and dense infill area with Average Household Income over $149,486 and Median Housing Value of $1,520,000 in a half mile radius.
PROPERTY FACTS
| No. Units | 14 | Lot Size | 0.29 AC |
| Property Type | Multifamily | Building Size | 12,018 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | B | Year Built | 1959 |
| Zoning | R3 - Multiple Residential | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 12,018 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1959 |
| Zoning | R3 - Multiple Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | 708 |
| 2+2 | 4 | - | - |
| 2+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $675,778 | |
| Land Assessment | $879,730 | Total Assessment | $1,555,508 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$879,730
Improvements Assessment
$675,778
Total Assessment
$1,555,508
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