Log In/Sign Up
Your email has been sent.
1141 Hacienda Pl 12 Unit Apartment Building $3,850,000 ($320,833/Unit) West Hollywood, CA 90069
Investment Highlights
- Prime West Hollywood location within walking distance of Sunset, Melrose, and Santa Monica Boulevards.
- Classic mid-century architecture with clear cosmetic improvement potential.
- Strong in-place income with room for rent growth in a high-demand rental market.
- Assumable below-market 2.69% interest-only financing through December 2030.
- Low-density 12-unit building offering a favorable unit mix and balcony amenities.
- Excellent transit accessibility and proximity to major Los Angeles employment hubs.
Executive Summary
12-unit West Hollywood multifamily opportunity featuring 2.69% interest-only assumable financing through December 2030. The property offers strong in-place income with an approx. cash on cash return above 6.71%, a 12.78 GRM and 4.77% cap rate, equating to approximately $320,833 per unit and $401 per square foot. Built in 1959, this low-density mid-century asset provides classic Los Angeles character and clear cosmetic value-add potential. Located within walking distance to Sunset Blvd, Melrose Ave, and Santa Monica Blvd, the property consistently attracts quality tenants in a highly desirable rental submarket. Assumable financing enhances returns and reduces acquisition debt risk.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,850,000 | Apartment Style | Low-Rise |
| Price Per Unit | $320,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Gross Rent Multiplier | 12.78 | Building Size | 9,581 SF |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1959 |
| Property Subtype | Apartment | ||
| Zoning | R4, West Hollywood - Commercial C2 Uses with Limitation, R4 Uses | ||
| Price | $3,850,000 |
| Price Per Unit | $320,833 |
| Sale Type | Investment |
| Gross Rent Multiplier | 12.78 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 9,581 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Zoning | R4, West Hollywood - Commercial C2 Uses with Limitation, R4 Uses |
Amenities
Unit Amenities
- Balcony
Site Amenities
- 24 Hour Access
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $1,952 | - |
| 2+2 | 2 | $2,787 | - |
Very walkable
80/100
Fairly drivable
50/100
Good public transit
70/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 5555-004-071 | Improvements Assessment | $687,951 |
| Land Assessment | $868,994 | Total Assessment | $1,556,945 |
Property Taxes
Parcel Number
5555-004-071
Land Assessment
$868,994
Improvements Assessment
$687,951
Total Assessment
$1,556,945
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1141 Hacienda Pl
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.