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1041 N Stanley Ave
West Hollywood, CA 90046
1041 N. Stanley Apartments · Multifamily Property For Sale
·
8 Units
Investment Highlights
- Seller to carry 1st Trust Deed with only 31% down
- Value add opportunity with ±63% upside potential in rents
- 10.7% Cash-on-cash return with rents at market
- Stellar West Hollywood location with 95 Walk score
- Priced at 6.1% Cap rate & 11.7 GRM with rents at market
Property Facts
| No. Units | 8 | Building Size | 6,756 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1957 |
| Building Class | C | Parking Ratio | 1.18/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | R3C, West Hollywood | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 6,756 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.18/1,000 SF |
| Zoning | R3C, West Hollywood |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+2 | 5 | - | - |
Property Taxes
| Parcel Number | 5530-016-024 | Improvements Assessment | $844,190 |
| Land Assessment | $2,233,311 | Total Assessment | $3,077,501 |
Property Taxes
Parcel Number
5530-016-024
Land Assessment
$2,233,311
Improvements Assessment
$844,190
Total Assessment
$3,077,501
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