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7634-7634 Hampton Ave
West Hollywood, CA 90046
150k Reduction! 8 Units Prime WeHo - 5% Cap! · Multifamily Property For Sale
·
7 Units
Investment Highlights
- 8 Unit building with 5 fully renvovated vacancies in Prime West Hollywood cash flowing at an amazing Current Cap Rate of 5% and 14.3 GRM from day 1
- Additional 24% upside to 6.6% Cap Rate and 11.5 GRM on the proforma
- Diverse Unit Mix of 2 (2bed/1bath), 3 (1bed/1bath+den) and 3 (1bed/1bath) units.
- 1 Attached (1 bed/1bath) RTI ADU under construction which will improve the current financials to an incredible Current 5.7% Cap Rate and 12.8 GRM and
- 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 | 7 | Building Size | 6,154 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1955/2023 |
| Building Class | C | Parking Ratio | 0.97/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | WDR2* - Two-Family Residence | ||
| No. Units | 7 |
| 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/Renovated | 1955/2023 |
| 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 | 5 | - | 589 - 1,750 |
| 2+1 | 2 | - | 1,537 - 1,721 |
Property Taxes
| Parcel Number | 5530-007-016 | Improvements Assessment | $1,326,000 |
| Land Assessment | $2,040,000 | Total Assessment | $3,366,000 |
Property Taxes
Parcel Number
5530-007-016
Land Assessment
$2,040,000
Improvements Assessment
$1,326,000
Total Assessment
$3,366,000
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