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

7634 Hampton Ave
West Hollywood, CA 90046
Reduced 500k! 8 Units Prime WeHo - 5.5% Cap! · Multifamily Property For Sale · 8 Units

Investment Highlights

  • 8 Unit building with 5 fully renovated vacancies in Prime West Hollywood cash flowing at an amazing Current Cap Rate of 5.5% and 12.9 GRM from day 1!
  • Additional 24% upside to 7.2% Cap Rate and 10.4 GRM on the proforma
  • Diverse Unit Mix of 5 (2bed/1bath) and 3 (1bed/1bath)
  • 1 Attached (1 bed/1bath) RTI ADU under construction which will improve the current financials to an incredible 6.2% Cap Rate and 11.6 GRM and on
  • RTI Plans for 1 Attached ADU in the storage area (Under Construction) + Prelim Plans for 2 Detached ADUs over carport
  • Individually metered for Gas & Electricity

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 6,154 SF
Average Occupancy 100%
No. Stories 2
Year Built 1955
Parking Ratio 0.97/1,000 SF
Zoning WDR2* - Two-Family Residence

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - 800
2+1 2 - 800 - 1,721

Property Taxes

Property Taxes

Parcel Number
5530-007-016
Land Assessment
$2,040,000
Improvements Assessment
$1,326,000
Total Assessment
$3,366,000
  • Listing ID: 29000308

  • Date on Market: 7/14/2023

  • Last Updated:

  • Address: 7634 Hampton Ave, West Hollywood, CA 90046

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