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

8450 De Longpre Ave
West Hollywood, CA 90069
Dean on Delongpre · Multifamily Property For Sale · 18 Units

Investment Highlights

  • Offering these Properties concurrently with the 5-property, 92-unit Vive LA Portfolio of assets.
  • With most of the mechanical systems & deferred maintenance needs addressed, investors can focus on high return on investment interior renov.
  • The Properties have achieved $3,275 on renovated one bedroom units, $4,199 on renovated two bedroom units, and $4,359 on renovated 2 bed townhomes
  • A Compelling Value-Add Opportunity: Offers investors a proven interior renovation scope to emulate and capture 51%+ in remaining rental income upside
  • West Hollywood is a Superb Submarket: West Hollywood boasts some of the strongest demographics in the region for multifamily investment.

Property Facts

No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.34 AC
Building Size 21,884 SF
Average Occupancy 100%
No. Stories 2
Year Built 1953
Zoning WDR4* - 0500 - 5 Or More Apts Or Units, Coop Or Oyo Projects - 4

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - 861
2+2 6 - 1,043
2+2.5 4 - 1,162

Property Taxes

Property Taxes

Parcel Number
5554-023-014
Land Assessment
$3,780,000
Improvements Assessment
$2,520,000
Total Assessment
$6,300,000
  • Listing ID: 32428769

  • Date on Market: 7/11/2024

  • Last Updated:

  • Address: 8450 De Longpre Ave, West Hollywood, CA 90069

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