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1354 N Harper Ave
West Hollywood, CA 90046
Casa Real · Multifamily Property For Sale
·
60 Units
Investment Highlights
- Casa Real, located at 1354 North Harper Avenue, is an A+ West Hollywood location just south of Sunset Boulevard and west of Crescent Heights Boulevard
- West Hollywood has granted the property a Mills Act contract, which will lower the property taxes in perpetuity in exchange for upkeep & maintenance
- All units that have undergone renovations are finished with custom tile kitchens, new stainless-steel appliances, custom cabinetry and islands..
- Casa Real has been designated a Historic Landmark and placed on the Local Register of Historic Properties by the City of West Hollywood
- Casa Real totals 42,644 square feet and consists of 60 spacious units featuring 37 singles and 23 one bedrooms
- True value-add opportunity with current loss-to-lease of over 48%
Property Facts
| No. Units | 60 | Building Size | 42,644 SF |
| Property Type | Multifamily | Average Occupancy | 83% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1930 |
| Building Class | C | Parking Ratio | 1.41/1,000 SF |
| Lot Size | 0.35 AC | ||
| Zoning | WDR4* | ||
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 42,644 SF |
| Average Occupancy | 83% |
| No. Stories | 4 |
| Year Built | 1930 |
| Parking Ratio | 1.41/1,000 SF |
| Zoning | WDR4* |
Amenities
Unit Amenities
- Dishwasher
- Disposal
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Views
Site Amenities
- 24 Hour Access
- Controlled Access
- Fenced Lot
- Laundry Facilities
- Property Manager on Site
- Walking/Biking Trails
- Lounge
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 37 | $1,913 | 440 - 510 |
| 1+1 | 23 | $2,373 | 600 - 710 |
Property Taxes
| Parcel Number | 5554-017-015 | Improvements Assessment | $2,680,400 |
| Land Assessment | $4,020,600 | Total Assessment | $6,701,000 |
Property Taxes
Parcel Number
5554-017-015
Land Assessment
$4,020,600
Improvements Assessment
$2,680,400
Total Assessment
$6,701,000
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