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7916 Santa Monica Blvd
West Hollywood, CA 90046
Multifamily Property For Sale
·
9 Units
Investment Highlights
- Walking distance to desirable amenities such as the Whole Foods on Santa Monica Blvd & Fairfax Ave, Delilah Los Angeles, Ysabel, and Laurel Hardware
- Dense, infill location with a population of over 826,000 in a five-mile radius
- Opportunity to acquire a generational location with a diversified stream of income with retail and residential
- Incredible walk score of 97; four metro local line bus stops are located on the corner of Santa Monica Blvd & Fairfax Ave
- Retail tenants benefit from the foot traffic along Santa Monica Blvd as well as the traffic volume of over 45,000 vehicles per day
- Substantial rental upside of over 102% in the residential rents, achievable over time with interior renovations as units turn
Property Facts
| No. Units | 9 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 7,696 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1925 |
| Building Class | C | Parking Ratio | 0.65/1,000 SF |
| Zoning | WDC2A* | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 7,696 SF |
| No. Stories | 2 |
| Year Built | 1925 |
| Parking Ratio | 0.65/1,000 SF |
| Zoning | WDC2A* |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
Property Taxes
| Parcel Number | 5529-009-028 | Improvements Assessment | $591,896 |
| Land Assessment | $2,604,351 | Total Assessment | $3,196,247 |
Property Taxes
Parcel Number
5529-009-028
Land Assessment
$2,604,351
Improvements Assessment
$591,896
Total Assessment
$3,196,247
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