This Multifamily Property is no longer advertised on LoopNet.com.

1124 N Sherbourne Dr
West Hollywood, CA 90069
Via at Sunset Plaza (north of Sunset Strip) · Multifamily Property For Sale · 23 Units

Investment Highlights

  • All tenants are paid current on their rent (including August 2020)
  • Excellent Value Add Opportunity w/ Over 50% Upside in rents! (Seller has not explored buy-out offers)
  • Attractive price/sf and price/unit for location (MF property across the street sold for $895,000/unit)
  • No Seismic Retrofit Required by the City (Buyer to verify independently)
  • Trophy Asset in Irreplaceable West Hollywood Location north of Sunset Blvd.
  • Eight Units and Common Areas Significantly Renovated (see photos)

Property Facts

No. Units 23
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.34 AC
Building Size 25,650 SF
No. Stories 3
Year Built/Renovated 1958/2019
Parking Ratio 1.09/1,000 SF
Zoning WDR4*

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Courtyard
  • Laundry Facilities
  • Pool
  • Gated
  • Maintenance on site

Property Taxes

Property Taxes

Parcel Number
5559-003-002
Land Assessment
$12,447,969
Improvements Assessment
$2,706,080
Total Assessment
$15,154,049
  • Listing ID: 20611054

  • Date on Market: 8/12/2020

  • Last Updated:

  • Address: 1124 N Sherbourne Dr, West Hollywood, CA 90069

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