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1253 Havenhurst Dr
West Hollywood, CA 90046
Multifamily Property For Sale
·
79 Units
Investment Highlights
- Assumable loan of $11,227,000 at 3.2% fixed until 5/1/28
- 11.9 x Gross & 5.3% Cap with existing rents; 9 x Gross & 8% Cap with rents at market
- Seller has renovated 50% of the units and common areas at a cost of over $1,070,000
- Significant (32%) upside in rents
- 7.8% return on down payment at closing; 13.6% return with rents at market
Property Facts
| No. Units | 79 | Building Size | 39,688 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | C | Parking Ratio | 1.66/1,000 SF |
| Lot Size | 0.70 AC | ||
| Zoning | R4, West Hollywood | ||
| No. Units | 79 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.70 AC |
| Building Size | 39,688 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 1.66/1,000 SF |
| Zoning | R4, West Hollywood |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Picnic Area
- Pool
- Gated
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 79 | $1,815 | 450 |
Property Taxes
| Parcel Number | 5554-016-006 | Improvements Assessment | $3,896,267 |
| Land Assessment | $16,106,590 | Total Assessment | $20,002,857 |
Property Taxes
Parcel Number
5554-016-006
Land Assessment
$16,106,590
Improvements Assessment
$3,896,267
Total Assessment
$20,002,857
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