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1316 Havenhurst Dr
West Hollywood, CA 90046
Multifamily Property For Sale
·
28 Units
Investment Highlights
- Assumable loan $3,529,000 at 3.2% fixed until 5/1/28
- Significant (42%) upside in rents
- 6.3% return on down payment at closing; 12.7% return with rents at market
- Prime West Hollywood, N. of Fountain and W. of Crescent Heights Blvd
- 12.6 x Gross & 4.7% Cap with existing rents; 8.9 x Gross & 7.8% Cap with rents at market
Property Facts
| No. Units | 28 | Lot Size | 0.36 AC |
| Property Type | Multifamily | Building Size | 17,374 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1942 |
| Zoning | WDR4* | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 17,374 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1942 |
| Zoning | WDR4* |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 28 | $1,595 | 1 |
Property Taxes
| Parcel Number | 5554-008-008 | Improvements Assessment | $2,275,000 |
| Land Assessment | $4,225,000 | Total Assessment | $6,500,000 |
Property Taxes
Parcel Number
5554-008-008
Land Assessment
$4,225,000
Improvements Assessment
$2,275,000
Total Assessment
$6,500,000
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